Bitcoin Price Bounces as Nasdaq Soars, KOSPI Rebounds, and FOMC Hike Fears Persist

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Bitcoin is recovering nearly 2% toward $81,000 after briefly slipping below $80,000 amid uncertainty about U.S. interest rates. Wall Street also advanced, with the Nasdaq gaining 1.18% and the S&P 500 adding 0.60%, while the KOSPI jumped 6.63% to 6,012.44 points on optimism surrounding semiconductors and artificial intelligence. Markets now overwhelmingly expect the Federal Reserve’s FOMC to leave interest rates unchanged, with the probability estimated at 95% by Polymarket and 91% by futures contracts, although the risk of a hike remains. Annual inflation reached 3.7% in September, making the Fed’s forward guidance a key factor for bitcoin. The $82,000 level will be crucial: a sustained break above it could open the way to $84,000, while a rejection could leave bitcoin vulnerable to a retest of $80,000.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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