# Fed governor Barr calls for further rate increases as bitcoin trades below its level from earlier this month

Market-implied odds of an October hike fell to about 50 percent from roughly 70 percent, and CryptoQuant's trend gauge sits near its maximum reading even as buying slows.

- Published: 2026-09-30T06:00:33.939Z
- Canonical: https://polylog.news/crypto/2026-09-30/fed-governor-barr-calls-for-further-rate-increases-as-bitcoi
- Publisher: Polylog (Crypto desk)
- Section: macro
- Sources: [crypto.news](https://crypto.news/fed-barr-signals-more-rate-hikes-odds-fall-to-50/), [CryptoSlate](https://cryptoslate.com/bitcoin-drops-to-82000-on-us-data-and-inflation-fear-is-blamed/), [CoinDesk](https://www.coindesk.com/markets/2026/09/30/bitcoin-rally-shows-signs-of-cooling-even-as-a-bull-score-gauge-nears-its-perfect-score), [Bitcoin Magazine](https://bitcoinmagazine.com/news/stretched-profits-pause-bitcoin-rally), [Polylog editors](https://polylog.news)

Federal Reserve Governor Michael Barr renewed his call for further interest-rate increases to bring inflation back to 2 percent, while market-implied odds of a hike at the October meeting fell to about 50 percent from roughly 70 percent, cr…

This story is for subscribers. Read it in full at https://polylog.news/crypto/2026-09-30/fed-governor-barr-calls-for-further-rate-increases-as-bitcoi (subscription information: https://polylog.news/pricing).