Can Bitcoin Price Defend $80K as Fed’s Hammack Warns of More Aggressive Action on Inflation?

Bitcoin (BTC) price briefly dropped below $80,000 on October 15 after US PPI inflation came in hot at 6.3%. The rising inflation has now triggered hawkish remarks from Fed officials as the odds of one more Fed rate hike in 2026 soar. Ad Ad Bitcoin Briefly Drops Below $80K as Hammack Warns of Hawkish Policy