CryptoCoinDeskabout 2 hours ago
Bitcoin Falls Below $81,000 on Rate Fears
3 min read
Bitcoin dropped below $81,000 as U.S. inflation data rose 3.7% annually, spiking bets on a Federal Reserve rate hike to nearly 50% before cooling to 30%. Institutional demand weakened with $150.5 million in ETF outflows on Oct. 14, while other tokens like ether and XRP fell 3.5% to 4% amid macro uncertainty.
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