Ether fell further on Thursday as Bitcoin traded near $81,000, extending losses recorded the previous evening. ETH remained the weaker of the two assets on Coinbase, even after moving away from its lowest price in the exchange's rolling trading range.
Sequential Coinbase Exchange requests at approximately 11:07 UTC on October 15 put Bitcoin at $80,810.43 and Ether at $2,360.65. That left BTC down about 3.09% and ETH down 5.63% against the exchange's rolling opening prices.
Compared with the prices recorded at approximately 20:43 UTC on Wednesday in our previous market report, Bitcoin had lost another 1.08% and Ether 2.38%. ETH's percentage decline over that interval was roughly 1.30 percentage points larger.
Wednesday evening’s prices were $81,694.27 for Bitcoin and $2,418.31 for Ether. The comparison uses those recorded trades, while the larger rolling declines use Coinbase’s opening references of $83,383.68 and $2,501.36, respectively.
Ether recovers some ground from its low
Coinbase reported a rolling Bitcoin range of $80,125 to $83,858.78 and an Ether range of $2,313.07 to $2,519.26. The latest trades were about 0.86% above the BTC low and 2.06% above the ETH low.
Ether's larger rebound from its low had not repaired its weaker performance since Wednesday evening. It remained about 6.30% below its reported high, compared with 3.64% for Bitcoin. A bounce after a deeper fall can leave an asset further behind over the broader period.
These are single-exchange observations. Coinbase's range does not establish technical support or resistance, and its statistics do not identify when the extremes occurred. The rolling returns also differ from calendar-day returns because their opening references move with the observation window.
Markets digest Wednesday's inflation report
The Bureau of Labor Statistics' September CPI release on October 14 showed headline inflation of 0.6% for the month on a seasonally adjusted basis and 3.7% over twelve months before seasonal adjustment. Core inflation, excluding food and energy, was 0.3% monthly and 2.6% annually.
The figures remain relevant background for investors assessing financing conditions, but Thursday's exchange prices do not isolate the inflation report's effect. The period since Wednesday evening includes other trading and developments; assigning the entire decline to one announcement would require additional evidence.
The inflation release also does not establish a Federal Reserve decision or a measured change in interest-rate expectations. Neither is demonstrated by Coinbase's spot statistics.
Lower prices leave execution risk in focus
A last trade is not an offer to buy or sell an unlimited quantity at that price. Our liquidity guide explains how spreads, market depth and order size affect the price available to the next trader.
The BTC and ETH statistics likewise do not identify liquidations, ETF flows or sellers' motives. Those require separate, timestamped evidence.
For both assets, recovering Wednesday evening's price would require further gains beyond the bounce already recorded from the rolling lows. At 11:07 UTC, both remained below that level, with Ether showing the larger loss.