Bitcoin holds $82K as ARP Digital analyst sees limited selling pressure
- —Bitcoin trades near $82,700 after dipping below $80,500, outperforming Ethereum and altcoins
- —Funding rates at lowest since June; open interest at five-month lows
- —US inflation accelerated to 3.7% in September; Brent crude near $108 a barrel
- —Markets price an 85% chance of a Fed pause on Oct 27–28 and 92% odds of a December hike
Why it matters: The Fed's Oct 27–28 decision will determine whether Bitcoin extends its recovery or enters another stretch of macro-driven volatility.
Source: Crypto Briefing