Posted On: October 29th 2026, 08:16 am
The Fed held. Bitcoin gave it back.
Reported: the Fed kept rates at 3.75% to 4% in a 10 to 2 vote. Lisa Cook and Beth Hammack wanted a quarter-point hike. Chair Kevin Warsh said the Fed's "monetary medicine" is starting to work.
Bitcoin rose to $81,759 after the decision, then fell back under $80,000 overnight. Breadth went from 41 coins up yesterday to 9 today.
Reported: analysts called it a "hawkish hold". The next Fed decision is on 9 December. More than $11bn of Bitcoin options expire tomorrow, 30 Oct.
Reported via Bitcoin Magazine, CNBC and The Crypto Times. Price data: Binance USDT perps.
Market data for education, not trading advice.
#crypto #bitcoin #fed
#cryptotrading