Bitcoin rebounds to $82,500 but faces inflation test on Wednesday

Bitcoin recovered to around $82,500 after briefly falling below $80,000 last week. The rebound faces a major test on Wednesday when fresh US oil inventory data could revive inflation fears that triggered the selloff. US consumer prices rose 3.7% annually in September, exceeding expectations, while fuel oil inflation surged 74.2% and gasoline inflation rose 34.2%. Technology stocks suffered heavy losses and investors reduced exposure to riskier assets including cryptocurrencies. US spot Bitcoin ETFs recorded approximately $228 million in net outflows last week. According to Bitunix analysts, Wednesday's US Energy Information Administration crude oil inventory release is a major catalyst; a larger-than-expected decline could strengthen inflation fears and increase pressure on Bitcoin, while an unexpected increase could ease concerns about further monetary tightening.