NewsPips AI
Menu

Bitcoin news for September 12, 2026

Bitcoin and other cryptocurrencies crashed as US PPI soared to 5.4%, pushing Fed rate hike odds to 74%. The market retreated to support levels, with Bitcoin testing a critical $76,000 support cluster during a macro energy shock, while a short squeeze wiped out over $250 million in shorts in an hour. Investors are now awaiting the Fed's move, with CPI data setting the stage.

How the day unfolded

  1. Bitcoin and other cryptocurrencies experienced a sharp decline following a higher-than-expected US PPI inflation report, which increased the odds of a Federal Reserve rate hike to 74%. The sell-off triggered over $562 million in liquidations, pushing Bitcoin to test critical support levels around $76,000 amid broader market uncertainty ahead of the September FOMC meeting.

  2. Bitcoin and other cryptocurrencies declined sharply after a higher-than-expected US PPI inflation reading of 5.4% increased the odds of a Federal Reserve rate hike to 74%, triggering over $560 million in liquidations. The sell-off pushed Bitcoin to test a critical support cluster around $76,000. The market is now awaiting the September FOMC meeting for further direction.

  3. Bitcoin and the broader crypto market saw a sharp sell-off after U.S. PPI inflation rose to 5.4%, boosting Fed rate hike odds to 74% and triggering over $562 million in liquidations. The price is now testing key support around $76,000 and the 50-week EMA, with attention on the upcoming September FOMC meeting. The market has retreated to support levels while awaiting further data, and a previously observed golden cross has faded as rate-hike bets firm up.

  4. Bitcoin and major crypto assets fell after US PPI inflation data came in at 5.4%, with headlines citing a $562 million liquidation surge and Fed rate-hike odds rising to 74%. The instrument is now described as testing critical support levels around $76,000 and the 50-week EMA, while market participants await September FOMC and further data.

  5. Bitcoin and other cryptocurrencies dropped after a U.S. PPI inflation report came in at 5.4%, raising Fed rate hike odds to 74% and triggering over $562 million in liquidations. The sell-off pushed Bitcoin to test critical support near $76,000 ahead of the September FOMC meeting. A subsequent short squeeze wiped out over $250 million in short positions within an hour.

  6. Bitcoin fell sharply after the U.S. PPI inflation reading exceeded expectations, causing Fed rate hike odds to jump to 74%. The sell-off triggered a $562 million liquidation surge across the crypto market. BTC is now testing a key support level near $76,000 while the market awaits the Fed's decision.

  7. Bitcoin and other major cryptocurrencies fell after US PPI rose to 5.4% and Fed rate-hike odds reached 74%, according to headlines. BTC has also tested a critical $76,000 support cluster, with the broader crypto market retreating to support levels while awaiting CPI and Fed data. Volatility returned as over $250M in shorts were liquidated in an hour, highlighting how macro data and Fed expectations are driving price action.

Headlines (11)

Bitcoin — latestAll Bitcoin daysWhat moves BitcoinAll markets

Not investment advice. For informational purposes only.