Bitcoin Eases to One-Month Low as Fed Rate-Hike Bets Rise
Bitcoin fell to around $80,247 in Asia, its lowest level in a month, after hotter-than-expected U.S. CPI data lifted expectations for a Fed rate hike later this month.
S. CPI data came in hotter than expected, lifting market expectations for a Fed rate hike later this month. LSEG data showed the cryptocurrency touched around $80,247 in Asia. “October is once again very much a live month for the Fed, after a seesaw few…