Bitcoin is trading below $80,000 and under its 50-day average, a sign of near-term weakness that analysts at FxPro and Secure Digital Markets say could extend the downtrend. Secure Digital Markets flags $80,000 as key support, with a break possibly opening the way to $75,000 and then $73,000, after BTC's 30-day range narrowed from 13% to 6%. Options traders on Derive price in a move of about 3% in either direction through Friday's expiry, with the average daily move around the US midterm elections near 2.1%. Meanwhile, Ripple received U.S. regulatory approval to launch its own national trust bank, a step that could strengthen institutional custody, but Marex notes the charter does not require buying XRP, and XRP was down 0.5% since midnight UTC.
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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 10/26/2026 | 80,150.56 |
| Change that session | 0.00% |
XRP/USDT
▼ Likely negativeXRP
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $82.0B |
| Close on 10/26/2026 | 1.30920 |
| Change that session | +1.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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