Bitcoin Below $80,000, Ethereum, XRP, Dogecoin Slide As Hot PPI Data Hits Rate Cut Hopes

Benzinga05-14

Bitcoin trades below $80,000 on Thursday morning as hotter-than-expected U.S. producer inflation data weakened expectations for near-term Federal Reserve rate cuts.Bitcoin ETFs saw $635.2 million in ...

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Hot PPI Data Hits Rate Cut Hopes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-14 19:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/crypto/cryptocurrency/26/05/52554775/bitcoin-below-80000-ethereum-xrp-dogecoin-slide-as-hot-ppi-data-hits-rate-cut-hopes><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin trades below $80,000 on Thursday morning as hotter-than-expected U.S. producer inflation data weakened expectations for near-term Federal Reserve rate cuts.Bitcoin ETFs saw $635.2 million in ...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/26/05/52554775/bitcoin-below-80000-ethereum-xrp-dogecoin-slide-as-hot-ppi-data-hits-rate-cut-hopes\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XXRP","symbol_name":"2倍做多XRP 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24 hours.Trader Commentary:Crypto chart analyst Ali Martinez said Bitcoin appears to have been rejected at the key 200-day SMA near $82,500, increasing the probability of a pullback toward the 50-day SMA around $75,000.Ted Pillows noted Ethereum successfully retested the important $2,250 support zone. Traders are now watching for a rebound toward $2,350–$2,400 if support continues holding. A breakdown below the level could open the door for a sharper decline toward $2,150 or lower.Trader DonWedge sees Solana has formed a bullish falling wedge pattern, a setup traders often associate with potential reversal breakouts if momentum strengthens.MikybullCrypto said Dogecoin is beginning to show signs of a breakout structure, with some traders eyeing a possible move toward the $2–$5 range if momentum accelerates further. Bulls also expect DOGE could once again lead a broader altcoin rally similar to the 2021 cycle.Image: ShutterstockMarket News and Data brought to you by Benzinga APIs© 2026 Benzinga.com. Benzinga does not provide investment advice. 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