Bitcoin Holds Near $82,600 After Inflation Data Exceeds Expectations

Bitcoin (BTC) remained near $82,600, down about 1% after U.S. inflation data exceeded expectations, while Bitwise Chief Investment Officer Matt Hougan said he had expected crypto prices to fall 3% to 5%.\n\nHougan described Bitcoin’s performance as impressive and resilient. His expected decline applied to crypto prices broadly; the reported Bitcoin move was about 1%. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.