Policy
Can Bitcoin Price Defend $80K as Fed’s Hammack Warns of More Aggressive Action on Inflation?
CoinGape·October 16, 2026·1 min read
Bitcoin (BTC) briefly dropped below $80,000 on October 15 after US PPI inflation came in hot at 6.3%. Fed official Hammack warned of more aggressive action on inflation, boosting odds of another rate hike in 2026. Traders now question whether BTC can defend the $80K level.
Read at CoinGapeDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.