Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump

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• Bitcoin weakens to $80k as hawkish Fed, mixed tech earnings weigh

  Bitcoin fell 0.9% to $80,133.1 on Thursday, erasing a brief rebound from the previous session, after the Fed held rates at 4.0% but reinforced bets on further hikes. Two of the 12 board members called for a 25 basis point increase, while Chair Kevin Warsh gave no clear forward guidance, highlighting the resilience of the U.S. economy and reiterating the 2% inflation target. CME FedWatch showed a 79.8% chance of a 25 bps hike in December, up from 73.4% a week earlier, while the 10-year Treasury yield moved back above 5%. Mixed earnings from Alphabet and Samsung also weighed on risk sentiment and pushed altcoins lower: Ether fell 1.5% to $2,316.64, XRP dropped 2.2%, while BNB gained 1.3%.

  Yahoo Finance·29/10, 07:07▼ BTC/USDT▲ DXY▼ XAU/USD▼ SPYbitcoinFedinterest rates
• Bitcoin dips below $80,000 as Samsung-led tech jitters and a hawkish Fed weigh on cryptoCoinDesk·29/10, 03:32▼ BTC/USDT▼ ETH/USDT▲ DXY▼ XAU/USDbitcoinFedinterest rates
• Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings

  Bitcoin fell about 0.3% on Wednesday after failing to hold above $81,687 and stalling below its 50-day simple moving average at $81,831, dipping as low as $80,297 on Bitstamp. Markets awaited the Federal Reserve’s decision under Chair Kevin Warsh, with CME FedWatch showing 90.6% odds of a pause within the current 3.75-4% range. U.S. stocks traded flat while South Korea’s KOSPI jumped 6.6%. Glassnode said bid liquidity below $80,000 is thin at about $3.4M, while the $78,000-$79,000 zone holds roughly $42M in orders, up from $24M in mid-October. Analyst Keith Alan said a 4-hour close below $80,565 would reduce the chance of retesting the 50-day SMA.

  Cointelegraph·28/10, 16:53▼ BTC/USDTbitcoincryptoFed
• Live updates: Bitcoin climbs above $81,000 as majors rally ahead of Fed decision

  Bitcoin rose 2% to just above $81,000 on Wednesday Asian morning, recovering from Monday's dip below $80,000 as traders positioned for the Federal Reserve's rate decision. Most major tokens also gained: HYPE jumped nearly 6% to just above $81, ZEC added 5% to about $1,300, DOGE rose 4%, and BNB and SOL each gained about 3%. Ether climbed 2% to about $2,360, XRP rose 3% to $1.32, and TRX gained about 1%. The bounce follows a Galaxy note saying now is the time to accumulate bitcoin, with its head of firmwide research, Alex Thorn, saying the bear market likely ended in June, when bitcoin traded under $58,000. The bigger test comes when Fed Chair Kevin Warsh holds his press conference, as traders look for any hint of a December rate hike that would make borrowing costlier and tends to pull money from riskier assets like crypto.

  CoinDesk·28/10, 11:23▲ BTC/USDT▲ ETH/USDTbitcoincryptoFed
• Bitcoin price eyes $82K as Morgan Stanley strategist says most of correction is over

  Bitcoin approached $82,000 on Wednesday, extending its rebound as bid liquidity built up around $79,000 and $80,000, while South Korea's KOSPI rose 6.6%. Morgan Stanley's Mike Wilson said most of the tech stock correction is already over, and CME Group's FedWatch showed 90.6% odds that the Fed would keep rates in the 3.75-4% range. Crypto analyst Rekt Capital said Bitcoin's weekly chart resembles the 2022 structure, with resistance near $82,000 still unbroken and the pair yet to discard a $60,000-$80,000 accumulation range.

  Cointelegraph·28/10, 09:55▲ BTC/USDT▲ ETH/USDTbitcoincryptoFed
• Strategy's Michael Saylor Predicts Bitcoin Will Soar Past $100,000 Over the Next 12 Months. Here's Why He's Right.

  Michael Saylor, co-founder and executive chairman of Strategy (formerly MicroStrategy), the largest Bitcoin treasury company, predicts Bitcoin will surge past $100,000 within the next year and spark a new bull market. At the time of writing (Oct. 26), Bitcoin traded near $80,000, so it would need to gain about 25% to reach that target. Bitcoin peaked at $126,200 in October 2025 and fell to $57,700 earlier this year. The article notes that Bitcoin has historically followed roughly four-year cycles, and it gained 155.4% in 2023 and 92.2% in 2019, the years following earlier bear market bottoms. Risks cited include the possibility that the bottom has not yet formed, a weaker economy, and rate hikes: the Fed raised rates in September, and markets expect another hike by year-end.

  Yahoo Finance·28/10, 09:24▲ BTC/USDTbitcoincryptoMichael Saylor

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  CafeF·29/10, 12:20• XAU/USDgoldState Bank of Vietnamtaxes
• Alphabet, Amazon, SpaceX, Microsoft, Broadcom, and AMD Are Counting on Anthropic's IPO. Not All Their Contracts Are Equal.

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  Yahoo Finance·29/10, 12:15• AMZN• GOOGL• MSFTAnthropicIPOartificial intelligence
• Premarket movers: Microsoft rises; Alphabet drags software stocks lower

  U.S. technology stocks diverged in premarket trading: Microsoft rose about 2.8% after fiscal first-quarter results beat expectations, with earnings of $4.89 per share on revenue of $92.28 billion and Azure revenue up 48%. Alphabet fell more than 10% after third-quarter EPS of $2.12 missed the $3.02 consensus, though revenue rose 25% to $127.6 billion, and Google search ad revenue grew at its slowest pace in five quarters. Software stocks also tumbled after weak results from Fortinet (down around 25%) and ServiceNow (down 18.1%), intensifying concerns that AI models could disrupt traditional software business models. Marvell fell 9.5% after Bloomberg reported it was in advanced talks to acquire Lumentum, while Caterpillar dropped 9.7% despite a sharp rise in third-quarter profit.

  Yahoo Finance·29/10, 12:11▼ GOOGL▲ MSFTMSFTGOOGLsoftware
• Musk's Massive Marketing Miss Cost $10 Trillion

  The article argues Tesla has missed a major marketing opportunity by not offering families with children a free 30-minute FSD ride, even though the author sees FSD as central to Tesla's value. Citing Tesla's own figures (not an independent audit), FSD-equipped cars go about 6.0 million miles between major collisions versus the U.S. average of one every 660,000 miles, and Tesla reports 1.74 million active FSD subscriptions worldwide. Tesla earlier launched 'Tesla Ride', but it is limited to some U.S. areas, requires living near a Tesla store, and requires the driver to be 21 or older. The author concludes that demand for FSD experiences already exists, yet Tesla has not promoted the offer widely.

  Yahoo Finance·29/10, 12:09▼ TSLATSLAElon Muskelectric vehicles
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  Yahoo Finance·29/10, 12:09▼ TSLATSLAelectric vehiclesElon Musk
• Lumentum stock jumps on report of possible merger with Marvell

  Marvell (MRVL) stock fell 11% on Thursday after reports the AI chipmaker is in advanced talks to buy optical parts maker Lumentum (LITE), while Lumentum shares rose 5%. Bloomberg, citing people familiar with the matter, reported the potential multibillion-dollar deal could be announced as soon as next week. Lumentum has a market value of about $83 billion, versus roughly $221 billion for Marvell. The acquisition would give Marvell greater access to optical technologies and manufacturing capacity, which the article describes as critical bottlenecks in AI infrastructure. Marvell shares are up more than 190% year to date, and Lumentum shares have rallied 140%.

  Yahoo Finance·29/10, 12:08mergers and acquisitionssemiconductorsartificial intelligence