Bitcoin Tests $81,000 as Rate Hike Fears Linger After Hot Inflation Data

Bitcoin is testing $81,000 as fears of a potential October rate hike persist following hot inflation data. The probability of a Fed hike in October has risen to 29% from 18% last week. Analysts expect Bitcoin to remain range-bound until more clarity emerges.

Sources

• Decrypt — Bitcoin Tests $81,000 as Rate Hike Fears Linger After Hot Inflation Data

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