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Bitcoin Breakout Cools as Fed Rate-Hike Bets Climb

Published Source: DecryptRead original

Crypto Insight Summary: Bitcoin has slipped back below $85,000 after tagging an eight-month high near $87,400 last week, with rising odds of an October Fed hike taking some air out of the rally. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike expectations weigh on BTC price momentum.

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Bitcoin Breakout Cools as Fed Rate-Hike Bets Climb — Crypto Insight