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Bitcoin holds near $80,000 as oil retreats and the Fed decision looms
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Authors: Oliver Knight, Omkar Godbole
Source published: 26/10/2026, 11:24:33 UTC
Briefing created: 26/10/2026, 11:34:49 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 26/10/2026, 11:25:24 UTC.
Briefings
Bitcoin remained stable near $80,400 while the DeFi index surged, with the Federal Reserve's upcoming decision on Wednesday expected to influence market direction. The article notes Bitcoin held steady since midnight UTC, contrasting with the DeFi index's gains.
Key points
- Bitcoin held near $80,400 since midnight UTC while the DeFi index gained, with the Fed due to decide on Wednesday.
- Bitcoin was the only asset to show little change near $80,400 while the DeFi index was the only CoinDesk index to gain.
Context
Bitcoin's stability near $80,400 contrasts with the DeFi index's gains, suggesting potential divergence in market sentiment. The Federal Reserve's decision on Wednesday is a key factor influencing Bitcoin's trajectory.
Limitations
Evidence is limited to a single snapshot at midnight UTC on October 26, 2026, with no data on the Fed's decision or subsequent market movements.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 26/10/2026, 11:34:49 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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