Markets ✓LaunchBar Newsroom 📅 October 26, 2026 at 07:37 AM ⏱ 2 min

Bitcoin Loses $80K: Fed’s Wednesday Signal Could Deepen the Risk-Off Move

Bitcoin fell nearly 2% to $79,800 as traders cut risk ahead of Wednesday’s Fed decision. Ether and XRP dropped about 3%, while Asian tech weakness added pressure.

BTC: buyers need to reclaim $82,500 to restore confidence, according to the report.
ETH and XRP: each lost roughly 3%; SOL fell 2% and hovered near $100.
Wednesday: traders will scrutinize Fed Chair Kevin Warsh’s comments for hints of a December rate hike.

The immediate catalyst is not a rate change, but the possibility of tighter liquidity: higher rates can weigh on crypto and stocks. Don’t mistake a bounce for a reversal; watch the Fed tone and whether Bitcoin can recover $80,000, then $82,500.

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