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Can Bitcoin Price Defend $80K as Fed’s Hammack Warns of More Aggressive Action on Inflation?

source-logo  coingape.com 16 October 2026 18:50, UTC
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Bitcoin ($BTC) price briefly dropped below $80,000 on October 15 after US PPI inflation came in hot at 6.3%. The rising inflation has now triggered hawkish remarks from Fed officials as the odds of one more Fed rate hike in 2026 soar.

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