Bitcoin drops below $77,000 following Fed policy announcement
CIE News ·
Confirmed by 2 independent news outlets.
Bitcoin fell below $77,000 following the Federal Reserve's policy announcement, hitting an intraday low of $76,140 as Cardiff founder William Stern cited excessive market leverage.
Bitcoin (BTC) dropped below $77,000 following a Federal Reserve policy announcement on October 30, 2026. The asset hit an intraday low near $76,140 before rebounding to trade between $76,600 and $76,870 amid renewed selling pressure across the cryptocurrency market. William Stern, founder of Cardiff, noted that excessive leverage had built up across the market during the downturn.
Key facts
- BTC dropped below $77,000
- Intraday low of $76,140
- Traded at $76,600–$76,870
- Cardiff cites high leverage