Bitcoin Holds Near $82,500 as Traders Eye $80,000 Support in Macro-Heavy Week
- —Bitcoin fell to $79,770 after September CPI came in at 3.7% vs. 3.6% expected
- —US spot bitcoin ETFs posted $228 million in net outflows last week
- —Markets price an ~87% chance the Fed holds rates on Oct. 28
- —Only 40% of 300 Bitunix-tracked tokens gained last week; median return -2.03%
Why it matters: Holding $80,000 will decide whether the rebound extends or the market retests last week's lows as inflation concerns linger.
Source: BeInCrypto JP