Bitcoin drops to $81,000 as macro pressure mounts ahead of FOMC meeting
CIE News ·
Confirmed by 2 independent news outlets.
Bitcoin traded between $81,000 and $81,700 following rejections near $85,000 as fresh US labor data and Treasury yields weighed on markets ahead of the October 27–28 FOMC meeting.
Bitcoin (BTC) traded between $81,000 and $81,700 on October 23, 2026, after facing rejections near $85,000, according to cryptopotato.com. Macroeconomic pressure mounted across digital asset markets ahead of the Federal Open Market Committee meeting scheduled for October 27–28.
United States Department of Labor figures showed initial jobless claims fell by 6,000 to 194,000 for the week ending October 17, while continuing claims climbed by 25,000 to 1.728 million. Concurrently, a flight-to-safety bond rally drove the 10-year U.S. Treasury yield below 5% and reduced short-term yields by 20 basis points, while Brent crude traded between $100 and $117 per barrel.
Fed funds futures pricing indicated market uncertainty over whether the Federal Reserve will pause or raise interest rates. Bitfinex previously noted that cryptocurrency markets face competition from higher Treasury returns throughout the month, with the Fed rate decision set for October 28.
Key facts
- BTC traded at $81,000–$81,700
- BTC rejected near $85,000
- 194,000 initial jobless claims
- FOMC meets October 27–28
Read the original at BeInCrypto