September payrolls came in at just 29,000, far below expectations, sending Bitcoin sharply higher on hopes the Fed will stay cautious on rates. The move pushed BTC briefly above $88,000 before a tanker incident in the Strait of Hormuz pulled it back, leaving price sitting around $84,700.
Total crypto fund inflows hit $3.55 billion last week, the highest figure in 2026, even after the Fed raised rates. That combination, strong institutional buying in a higher-rate environment, suggests the buying is driven by something more durable than cheap money.
Bitcoin moved higher on the softer PCE print even as bond yields stayed near multi-decade highs, a split that shows crypto traders focused on the reduced rate-hike probability rather than the yield pressure. Worth watching whether yields cap any further Bitcoin upside today.
Markets now price a roughly 44% chance of an October rate hike after Fed Governor Williams struck a softer tone. Lower hike expectations generally ease pressure on assets like Bitcoin that compete with yield-bearing alternatives.
Oil crossing $93, October Fed hike odds reaching 68%, and over $330 million in forced liquidations across more than 107,000 traders all hit the market at once today. The combination explains why Bitcoin gave up ground quickly this morning despite strong ETF backing.
Total global money supply has reached a record level, a figure Bitcoin watchers often track because historically expanding money supply has been followed by Bitcoin price gains. It is a background data point rather than an immediate trigger.
Prediction market traders now see a better-than-even chance the Fed raises rates again in October. If that hike happens, it could put short-term pressure on Bitcoin by making dollars more expensive to borrow.
A Fed proposal would make stablecoin issuers hold capital against circulating supply, raising costs for the sector but only indirectly touching Bitcoin.
The Fed opened two formal comment periods requiring stablecoin issuers it supervises to hold fully safe-asset reserves and meet capital standards. The rules create clearer ground for large banks to engage with stablecoins, which is a longer-term positive for crypto infrastructure even if the near-term read is uncertain.
The Fed proposed two stablecoin rules under the GENIUS Act and opened a 60-day comment period, tightening oversight of dollar tokens tied to crypto markets.
The Federal Reserve proposed reserve and capital rules for stablecoin issuers it supervises, plus an application process for banks wanting to issue them.
The Federal Reserve proposed rules requiring stablecoin issuers it supervises to fully back tokens with permitted reserves, a step toward formalizing stablecoin oversight.
Fed and inflation news reads 68 out of 100, Helping, across 26 stories from the last 14 days as of .
What this number means
A score from 0 to 100 for how the last two weeks of rate and inflation coverage reads, judged by what it means for Bitcoin rather than for the wider economy. 50 is the middle. Above it the balance is helping Bitcoin's price, below it the balance is hurting it.
Why this is a Bitcoin page
Bitcoin trades against the dollar, so the price of money is part of its price. Cheaper money has tended to help it and dearer money to hurt it, which is why a rate decision and an inflation print land here rather than on a page about the economy.
How to use it
These stories arrive on a schedule, so the calendar is the better half of this page: the dates are known weeks ahead and the reaction is usually to the surprise rather than to the number. Read the biggest story, then the date it was reacting to.
Source: Maketo groups the day's Bitcoin coverage into stories and scores each one from 0 to 100. Headlines and links belong to the publishers. Reading for .
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