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Live markets: Bitcoin holds $80,000 as stocks sink, yields rise on ugly inflation print

coindesk
May 12, 2026 at 03:20 PM

Headline inflation rose to a three-year high in April, boosting rate hike expectations and sending traditional markets sharply lower.Bitcoin is outperforming, holding at $80,500.

  • Headline inflation rose to a three-year high in April, boosting rate hike expectations and sending traditional markets sharply lower.
  • Bitcoin is outperforming, holding at $80,500.

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