⚡ Bitcoin Holds Above $80K as Fed Hike Bets Cool
Bitcoin remained firmly above the $80,000 level, trading around $82,000 ahead of Friday’s U.S. market open.
The shift in Fed expectations is helping ease pressure on risk assets. According to the figures shown, the probability of another 25-basis-point Fed rate hike in October dropped to 15% from 27%.
With rate-hike expectations fading, traders are watching closely to see whether Bitcoin ($BTC )can maintain its strength and push higher—or face another pullback.
The big question: Can BTC hold $80K and build the next move higher?
Bitcoin remained firmly above the $80,000 level, trading around $82,000 ahead of Friday’s U.S. market open.
The shift in Fed expectations is helping ease pressure on risk assets. According to the figures shown, the probability of another 25-basis-point Fed rate hike in October dropped to 15% from 27%.
With rate-hike expectations fading, traders are watching closely to see whether Bitcoin ($BTC )can maintain its strength and push higher—or face another pullback.
The big question: Can BTC hold $80K and build the next move higher?