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Live updates: Bitcoin above $86,000 as traders price out an October Fed hike
Published Source: CoinDeskRead original
Crypto Insight Summary: A weak September jobs report took a rate hike off the table, but bitcoin is still stuck below $87,000, with FOMC minutes due Wednesday. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Reduced rate hike expectations boost BTC sentiment, but FOMC minutes may introduce volatility.