CoinEx News: Bitcoin briefly fell below $80,000 on May 12, touching a 24-hour low near $79,915 before recovering to the $80,700-$80,900 range after U.S. April CPI rose 3.8% year over year, above forecasts and the highest since May 2023. Energy led the print, with the gasoline index rose 28.4% from a year earlier; Polymarket priced zero 2026 Fed cuts near 62%, while crude rose above $101, gold fell 0.7%, and the Nasdaq Composite closed down 0.7%.

The move shows markets are starting to worry that high rates will last longer, pressuring stocks, gold, and BTC at the same time. BTC has moved back above $80,000, but it remains sensitive to swings in the dollar, Treasury yields, and oil prices.