Bitcoin Clings to $82,700 Support as CPI Revives Hike Fears

US inflation came in hotter than expected in September, with core prices also beating forecasts. Gasoline drove most of the monthly jump, while shelter and airfares kept core pressure alive. With a September hike already behind it, the Fed now faces pressure to tighten again. Altcoins look more exposed than Bitcoin if investors rotate toward Treasuries. US consumer prices rose 3.7% in the 12 months to September, faster than the 3.6% economists expected and up from 3.4% in August, according to the consumer price index report from the Bureau of Labor Statistics released on Wednesday.