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Bitcoin is back below $81,000 as Fed rate uncertainty weighs
Published Source: CoinDeskRead original
Crypto Insight Summary: Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate uncertainty creates short-term volatility for BTC.