Bitcoin was trading around $83,000 on September 30, just 0.71% above its 24-hour low of $82,700, as markets awaited the US Personal Income and Outlays report including August core PCE. Forecasts expected a monthly reading of 0.3% to 0.5% for August, up from July’s 0.2%, with an annual rate of 3.4%. The 10-year US Treasury yield had touched around 5.27%, its highest level since June 2007, adding pressure on risk assets. The immediate downside reference stood at $82,735, with traders assessing whether a hotter-than-expected inflation print could push BTC below that level and reinforce higher-for-longer rate expectations.
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