Bitcoin recovered to around $80,800 on Sunday after a sharp weekend selloff, as investors weighed heavy crypto liquidations ahead of the Federal Reserve's October 27–28 rate decision. More than $810 million in positions were liquidated over 24 hours, about $689 million of them bullish bets, and thin weekend liquidity intensified the selling. Bitcoin had dropped to $79,146 on Saturday, its weakest level in over a month, before reclaiming $80,000. With Brent crude above $117 amid the Iran war, inflation concerns persist, and higher rates could strengthen the dollar and weigh on riskier assets. Separately, Strategy spent $193 million repurchasing preferred shares while acquiring just 267 Bitcoin.
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bitcoincryptoFedoil pricesinterest rates
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Related tickers and likely impact
BTC/USDT
▲ Likely positiveBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/24/2026 | 80,888.16 |
| Change that session | -0.37% |
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 101.74 |
| Change that session | +0.11% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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