Hot U.S. Inflation Hits Bitcoin

Hotter United States inflation has pushed Bitcoin toward $81,700 and sharply increased the market-implied chance of an October Federal Reserve rate rise. Is this a temporary macro shock, or does crypto now need Treasury yields to retreat before buyers regain control?

Also covered: Payward’s agreement to acquire Saldo Bank, Solana’s October 21 Alpenglow upgrade, Ripple and Privy’s embedded XRP Ledger wallets, Qivalis receiving a Dutch electronic-money licence, Standard Chartered launching direct Bitcoin and Ethereum trading for affluent United Arab Emirates clients, and the surprising growth of next-day S&P 500 options on Hypercall.

Listener question: Would you trust a Bitcoin rebound if price recovers above $83,000 but the 10-year United States Treasury yield remains above 5.3%?

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