Bitcoin briefly nears $82K on strong GDP data as bears flag $76K risk
AI summary
Bitcoin briefly climbed past $81,800 after stronger-than-expected third-quarter U.S. GDP data, recovering losses that followed the Federal Reserve's decision to hold rates steady ahead of the midterm elections. The rally faded, with bitcoin price briefly nearing $82K before bearish analysts warned of a possible drop toward $76K. Traders are watching whether macro data can sustain momentum or whether the Fed pause caps upside.
