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Bitcoin held key weekly support near $82,500 ahead of the US September CPI release, which is expected to rise to 3.7% year-on-year from 3.4% in August. Markets see CPI and PPI data as the week's main volatility catalyst, with traders watching how the Fed will respond at its October 28 meeting. CME FedWatch shows an 18.8% chance of a rate hike at that meeting, while the December meeting carries 70.6% odds of a 25-basis-point hike to 4.00–4.25%. US 10-year and 30-year Treasury yields stood at 5.24% and 5.60%, after easing from 24-year highs seen last week. Bitcoin's weekly close above $82,500 avoided a slide back into its prior $60,000–$80,000 range.
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The article argues healthcare is rebounding in 2026, with Merck (MRK) shares up 39% and AbbVie (ABBV) up 24% year to date, versus about 12% for the S&P 500. Merck's second-quarter revenue rose 5% to $16.6 billion, beating estimates, with Keytruda sales of $8.4 billion, though Keytruda may lose patent exclusivity by 2028. AbbVie's second-quarter revenue grew 10.2% to nearly $17 billion and adjusted EPS rose 22.9% to $3.65, driven by Skyrizi and Rinvoq sales growing about 24%. AbbVie is on a streak of 54 consecutive annual dividend increases, including its time as part of Abbott Laboratories, qualifying it as a Dividend King. The author concludes both are attractive long-term holdings based on financial results, pipelines, and dividends.
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