Bitcoin Slips Below $81,000 as Hot US Inflation Revives Fed Rate Concerns
Bitcoin faces renewed pressure after US inflation accelerated to 3.7 percent in September, prompting traders to reassess the Federal Reserve’s rate outlook.
Spot Bitcoin ETFs recorded $175.6 million in inflows, but rising Treasury yields and mixed global market sentiment continue to weigh on prices.
Investors are watching Federal Reserve commentary for clues about the next policy move.
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