Bitcoin price dropping below 80,000 on a trading screen due to US inflation news
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Bitcoin briefly falls below $80,000 after hot US inflation print

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US consumer prices rose more than expected in April, sending stocks lower and pushing bitcoin briefly under the key $80,000 level before a modest recovery. The data reinforced bets that the Federal Reserve will hold rates steady.

In response to a rejected CPI report proposing his indictment, STF Justice Gilmar Mendes on April 15 requested Attorney General Paulo Gonet investigate Senator Alessandro Vieira for abuse of authority, citing deviation from the commission's organized crime focus.

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Brazil's Parliamentary Commission of Inquiry (CPI) on Organized Crime rejected Senator Alessandro Vieira's (MDB-SE) final report on Tuesday (April 14), which proposed indicting three Supreme Federal Court (STF) justices and the Attorney General. The report was defeated 6-4 after changes in the commission's composition. The substitutions favored government-aligned members, swaying the vote outcome.

Bitcoin briefly surged above $89,000 following softer-than-expected U.S. inflation data on December 18, 2025, but quickly reversed course amid skepticism about the figures. The cryptocurrency settled around $86,000, down 0.8% in 24 hours, as the broader crypto market dropped over 2% to $2.97 trillion. Altcoins like XRP and Ethereum also fell, with $550 million in liquidations triggered.

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