Update
Bitcoin Holds Steady Near $82K After Fed Rate Hike Odds Drop
Bitcoin traded near $81,800 at 9:40 a.m. ET Friday, up 1.8% over 24 hours. The CME FedWatch puts the odds of an October rate hike at 14.9%, down from 27.7% a day earlier. Bitcoin rebounded from a Thursday low of $79,736, with traders cutting the odds of an October Fed rate hike to about 15%. Bitfinex predicts a move to $83,000 if $81,300 is held, but sustained buying through US spot Bitcoin ETFs is needed for a move to $84,500.