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Bitcoin Price Today: BTC Holds Near $80,000 Before Fed

Bitcoin price near $80,000 as traders await the Fed decision - golden crypto coin before market charts

Bitcoin is trading close to $80,000 on Monday, October 26, 2026, as investors hold their positions ahead of the US Federal Reserve’s policy decision on Wednesday. The world’s largest cryptocurrency briefly dipped to around $79,300 in early trading before steadying, according to market reports.

Bitcoin price near $80,000 as traders await the Fed decision - golden crypto coin before market charts
AI-generated illustration

Bitcoin price today: key facts

  • Price: roughly $80,000, with a session low near $79,300.
  • Fed decision: the FOMC meets October 27-28, with the announcement due on Wednesday, October 28.
  • Spot ETF flows: about $773 million left US spot bitcoin ETFs on October 22 and 23, according to Farside Investors data.
  • Derivatives: about $154 million in crypto positions were liquidated over 24 hours, per CoinGlass.
  • Why traders are cautious ahead of the Fed

    Markets widely expect the Fed to leave interest rates unchanged this week, so attention is on the central bank’s tone and on what it signals for December. Higher-for-longer rates tend to weigh on risk assets such as crypto, which is why the outlook for further increases is being watched closely. Oil prices eased on Monday, which helped calm sentiment in wider markets.

    The week is already packed with events, as we outlined in our preview of the Fed, ECB and Bank of Japan decisions. For readers in Morocco, global rate moves also feed into currency and import prices, which we covered in our report on Morocco’s September inflation figures.

    Bitcoin support and resistance levels to watch

    Analysts cited by crypto media see support in the $79,000 to $80,000 zone. A daily close below $79,000 could open the way towards $75,000, while the first resistance sits near $82,000, followed by the $85,000 to $87,000 area. These are technical estimates, not forecasts, and prices can move quickly around major announcements.

    Dates to watch this week

    • October 28: Fed decision and press conference.
    • October 29: US September PCE inflation data.
    • October 30: a large batch of bitcoin options, reported at about $11 billion, expires.
    • This article is for information only and is not financial advice. Crypto prices are highly volatile. More business coverage is in our Economy section.

      Sources: CoinDesk, crypto.news, The Crypto Times


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