Bitcoin (BTC) rebounded to $81,547 on Bitstamp after Wall Street opened on Thursday, supported by strong US economic data. The Personal Consumption Expenditures (PCE) index rose 0.5% month over month and 3.6% year over year, while third-quarter GDP came in at 3.4%, above the 3.2% expected. The move pushed BTC above an estimated weekly resistance level of $81,400 despite Alphabet shares falling 12% after quarterly results missed expectations. The Federal Reserve held interest rates between 3.75% and 4%, indicating continued support for economic activity alongside elevated inflation.
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