Macro· ★★★★· bearish·

Fed's Hammack Warns of More Aggressive Policy as Bitcoin Tests $80K

  • —US PPI rose 6.3% in September, pushing Bitcoin below $80,000 for the first time since September 18
  • —Hammack flagged a potentially more aggressive Fed stance, lifting odds of a December rate hike
  • —Wallets holding 10–10,000 BTC hit an all-time high of 20,338 as whales accumulated
  • —Bitcoin exchange reserves rose from 2.43M on October 8 to 2.45M on October 16
Why it matters: Hawkish Fed signals pressure risk assets, but whale accumulation could build a base for a rebound if $80,000 holds.
#BTC
Source: CoinGape
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