Bitcoin steadies near $82,000 as altcoins rise and Warsh avoids rate-hike hints

AI-generated briefing · First published 2026-10-16 17:00:47 UTC

Bitcoin held near $82,000 while Celestia, Injective and LayerZero rose; Fed Chair Warsh gave no sign of further rate hikes.

Bitcoin traded near $82,000 on Friday after bouncing above $80,000, while Celestia jumped 16%, Injective rose 7.7% and LayerZero added 7.3%. [1] [2]

Fed Chair Kevin Warsh avoided any mention of further interest-rate hikes in remarks with IMF Managing Director Kristalina Georgieva, lowering the odds of an October hike to 15%. [1] [2]

Sources

1. Altcoins outpace bitcoin as celestia jumps 16%, Warsh silent on interest-rate plans

   CoinDesk · 2026-10-16 10:41:03 UTC · Summary only

2. Bitcoin price steadies around $82K after Fed’s Warsh avoids rate-hike hints

   Cointelegraph · 2026-10-16 15:45:43 UTC · Full text

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