Bitcoin Holds Near $81,700 as Fed Rate Uncertainty Splits Year-End Forecasts
- —$265.85 million liquidated in 24 hours, 70% of it longs; BTC positions accounted for $59.87 million
- —Bitwise sees institutional ETF demand and corporate buying pushing BTC above $100,000
- —LO forecasts $85,000–$95,000, citing a 75% market-implied odds of a December rate hike
- —$111 billion flowed into digital asset products since mid-July, though inflows have slowed recently
Why it matters: The Fed's October 28 decision will determine whether BTC holds above $80,000 or slides toward the bottom of forecasts.
Source: Blockmedia