October Mood Meter at 48.0: $BTC Holds Above $81,000 as Oil Keeps Climbing

Bitcoin held above $81,000 as broader markets remained calm and oil continued to gain, according to a live update from Stephen Alpher published at 10:08 a.m. EDT. The final University of Michigan Index of Consumer Sentiment for October edged down to 48.0 from 48.1 a month earlier and topped estimates.

The final reading was up from the preliminary reading of 46.3 released two weeks earlier. The Index of Consumer Expectations rose to 48.8 from 46.3.

One-year inflation expectations rose to 4.7% from 4.6%, but were flat from the 4.7% preliminary read. Longer-run inflation expectations rose to 3.5% from 3.4%, also in line with the preliminary read.