Bitcoin Trades Near $80,000 as Fed Rate Outlook and ETF Inflows Shape Sentiment

T2Covered by 1 source · first reported by Gadgets360 (NDTV) via FeedBurner at 29 Oct, 09:24 UTC

Bitcoin trades near $80,000 after the Federal Reserve held interest rates at 3.75-4 percent in a divided vote. US spot Bitcoin ETFs recorded consecutive days of inflows, helping offset earlier withdrawals. However, rising expectations of a December rate hike, inflation concerns and losses among…

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Sources

• T2Bitcoin Trades Near $80,000 as Fed Rate Outlook and ETF Inflows Shape SentimentGadgets360 (NDTV) via FeedBurner29 Oct, 09:24