Bitcoin is trading at $82,900, down nearly 2% over 24 hours, pressured by hawkish Federal Reserve minutes, higher oil prices, and rising Treasury yields. The Fed’s September meeting minutes reveal that most policymakers view another rate hike before year-end as possible, while Brent crude has climbed above $101 per barrel and the 10-year Treasury yield approaches 5.34%. Technically, immediate support sits around $82,500, with the more significant level at $81,000, beyond which the risk of a decline toward $78,000-$80,000 increases. The combination of persistent energy inflation, higher yields, and a stronger dollar makes non-yielding assets like Bitcoin less attractive.
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