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.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Cointelegraph ↗
Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.7T |
| Close on 10/11/2026 | 83,773.12 |
| Change that session | +0.95% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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