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

May 12, 2026 - 16:30
Live markets: Bitcoin holds $80,000 as stocks sink, yields rise on ugly inflation print
Core consumer prices — which would have stripped out what everyone already knew were surging energy costs — rose 0.4% in April, double March’s 0.2% pace and higher than 0.3% expected by economists. On a year-over-year basis, core CPI rose 2.8% versus 2.6% in March and 2.7% forecast. Headline CPI — which does include energy...

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