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

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

Odds of an October Fed hike have climbed to 29% from 18% a week ago, and analysts see Bitcoin range-bound until the picture clears.

Key Takeaways

  1. Odds of an October Fed hike have climbed to 29% from 18% a week ago, and analysts see Bitcoin range-bound until the picture clears.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.