Ethereum, XRP and Solana slide as hot inflation data rattles crypto

A stronger-than-expected September CPI print sent altcoins lower and triggered approximately $972 million in liquidations Ethereum , XRP and Solana all dropped on October 15, 2026. The trigger had nothing to do with blockchains and everything to do with a spreadsheet from Washington. The US Consumer Price Index for September showed inflation running at 3.7% year over year. Market analysts cited by Decrypt say macro factors, not crypto-specific problems, are what pushed altcoin prices down. Economists had expected the September CPI reading to land at 3.6%. Instead it came in a tenth of a point hotter, and it also climbed above August’s 3.4% rate. The concern is simple. If inflation keeps rising, the Federal Reserve has less room to ease, and borrowing costs stay elevated for longer.

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