The Fed held its benchmark rate at 3.75% to 4% in a 10-2 vote, with Governor Lisa Cook and Cleveland Fed President Beth Hammack favoring a quarter-point increase. Chair Kevin Warsh said inflation remains above the 2% target, and CME FedWatch data showed traders pricing a 78.4% probability of a quarter-point hike by December and 67.3% by March. Bitget analyst Lewis Huang said Bitcoin's next move may depend more on Treasury yields, the US dollar and broader risk sentiment than on the Fed decision, while analysts are watching Thursday's PCE inflation report and tech earnings.
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bitcoinFedinterest ratesinflationUS dollar
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Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/28/2026 | 81,343.50 |
| Change that session | +0.54% |
DXY
▲ Likely positiveRelevance: high
| Market | Currencies |
|---|---|
| Close on 10/28/2026 | 102.14 |
| Change that session | -0.22% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $285.6B |
| Close on 10/28/2026 | 2,359.68 |
| Change that session | +0.40% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/28/2026 | 4,067.54 |
| Change that session | +0.18% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/28/2026 | 772.35 |
| Change that session | +0.35% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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