Bitcoin gave back early gains on Wednesday, falling about 0.3% after failing to hold above $81,687 as markets awaited the FOMC decision and key tech earnings. Its 50-day simple moving average at $81,831 acted as local resistance, and the pair was reported to have dipped as low as $80,297 on Bitstamp. Markets broadly expected the Fed to hold rates in the 3.75-4% range, with CME FedWatch showing 90.6% odds of a pause, and attention focused on Fed chair Kevin Warsh's comments. Analysts noted the Nasdaq did not follow South Korea's KOSPI, which rose 6.6%, and that a 4-hour close below $80,565 would reduce the chance of retesting the 50-day SMA. Glassnode said bid liquidity had shifted lower, with only $3.4 million in bids at $80,000 and about $42 million clustered at $78,000-79,000, up from about $24 million in mid-October.
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bitcoinFedinterest ratesKevin Warsh
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Related tickers and likely impact
BTC/USDT
▼ Likely negativeBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/27/2026 | 80,909.77 |
| Change that session | +0.95% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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