Markets· ★★★· bullish·

BlackRock's IBIT Rebounds From $45.11, Lifting Bitcoin Back Above $80,000

  • —IBIT bounced from a low of $45.11
  • —BTC reclaimed the $80,000 level
  • —Institutional ETF flows remain uncertain
  • —October FOMC meeting is the key catalyst
Why it matters: Bitcoin's return above $80,000 and IBIT's rebound suggest institutional demand is intact, but the trend's durability hinges on the Fed's next move.
Source: Coinotag