Bitcoin drops to $79,263 low as markets price steady Fed rate decision
CIE News ·
Based on reporting by Financial Times; not yet independently confirmed.
Bitcoin traded near $80,217 after falling to an intraday low of $79,263 as markets position for the Federal Open Market Committee's interest rate decision on October 28, 2026.
Bitcoin (BTC) dropped to an intraday low of $79,263 before stabilizing around $80,217 on October 25, 2026, while Ethereum (ETH) reached $2,324. Market data from CME FedWatch and LSEG showed a 90.6% probability that the Federal Reserve will maintain the benchmark interest rate within the 3.75% to 4.00% target range at its October 27–28 meeting, alongside a 9.4% probability of a 25-basis-point rate hike.
According to cryptoticker.io, BTC was quoted at $80,853 on Sunday morning after dipping below the 50-day moving average calculated at $81,807. The publication noted that the policy decision statement will be released at 14:00 local time on October 28, 2026, which falls at 19:00 German time following European daylight saving time adjustments.
Additional macro data scheduled around the meeting includes U.S. durable goods orders and consumer confidence on October 27, 2026, according to bloomingbit.io. The Fed's rate trajectory follows a 3.7% year-over-year Consumer Price Index increase in September, with December futures pricing a 67.5% to 94% probability of a subsequent quarter-point hike.
Key facts
- BTC intraday low at $79,263
- 90.6% pause probability
- FOMC decision on Oct. 28, 2026
- ETH at $2,324