Bitcoin Tests $81,000 as October Fed Rate-Hike Odds Jump to 29%

The move matters less for the headline price than for the macro channel now driving it: crypto is trading as a rate-sensitive asset, and a hotter inflation print is being read through Fed odds rather than through any crypto-specific catalyst. That shifts the near-term burden onto data releases, not protocol or flow news. The open question is whether the inflation and rate picture clears before positioning builds in either direction, or whether the range simply persists as traders wait.