Bitcoin Holds Near $82K as Fed's $3.89B Bill Purchase Sparks Liquidity Debate
- —New York Fed bought $3.891 billion in Treasury bills, settling October 9
- —The Fed plans about $15.6 billion in bill purchases this month as reinvestment
- —BTC rebounded toward $82,000 from $80,400 as open interest declined
- —The $82,000 zone is acting as support after the pullback from weekly highs
Why it matters: Traders are watching whether Bitcoin holds $82,000, with rising Treasury yields and ETF outflows still weighing on price.
Source: CoinCentral