Bitcoin rebounds above $82000, with expectations of a Fed rate hike in October dropping to 12%

Bitcoin rose about 2.4%, hitting a five-day high near $82800, and rebounded from a low near $80600 over the weekend. Traders expected that the probability of the Federal Reserve raising interest rates at its meeting on October 28 was about 12%. The decline in oil prices and US treasury bond bond yields improved investor sentiment. (Source: Bitcoin News)