Markets· ★★★· neutral·

Bitcoin fails again at $87,570 as market awaits Fed minutes

  • —BTC weekly close: $86,532, highest since late January
  • —Fourth failed attempt since Sept. 21 to break $87,570
  • —10-year Treasury yield at 5.25%, highest since 2002
  • —October rate-hike odds fell to 18% from 70% a week ago
Why it matters: A break above $87,570 opens the door to $93,700, while losing $82,500 would send BTC back to its $60,000–$80,000 range.
#BTC
Source: Digital Today
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