Bitcoin Rebounds to $83,591 After Sliding to $80,953 as Fear and Greed Index Hits 55
- —Bitcoin gained 2.24% to $83,591.79 after dipping to $80,953.41
- —Crypto Fear and Greed Index fell to 55 from an August peak of 82
- —Bitcoin ETFs saw $386.3 million in net outflows in October
- —Myriad odds: 54% for $80,000 in October, 45% for $87,500
Why it matters: Wednesday's CPI report is the next test: a hotter print would boost rate-hike bets and likely pressure Bitcoin.
Source: Decrypt