Bitcoin back above $81,000 as hike odds fade, Zcash leads with 15% jump
Every major token gained on Friday as traders cut bets on a September Federal Reserve rate increase to a coin flip, though most of the majors are barely changed on the week.
Source: CoinDesk
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DW NOTE
The Fed market is pricing 50-50 odds for a September hike with WTI at $91 and PPI running at 5.5%. If they pause now, it won't be because inflation is beaten — it will be because they've decided energy-driven price acceleration is someone else's problem.