CoinMeta data: Bitcoin ( BTC ) fell below $85,000 again this week, after having surpassed that level for the first time just a few days ago. CoinMeta data: This decline came alongside weak trading volume, with slow inflow of new capital. The company noted that $81,000 is the next key level to watch, which is also where the largest buy orders on Binance are located. Minutes from the Federal Reserve's meeting released on Wednesday showed that most officials believed it was appropriate to raise interest rates again this year. Bitcoin is currently trading at $83,079, down 1.8% within 24 hours. After three releases of U.S. data, Bitcoin's early gains were followed by a decline within 12 hours. Glassnode found that trading activity remained mild during the breakout period, with the average daily trading volume for spot and ETF being around $6.8 billion, which is lower than 90% of the days since January 2024. Santiment data indicates that there was a net outflow of $24,073 on October 5th, BTC, the largest since March 1st.