News · Yahoo Finance

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%.

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bitcoinFedinterest ratesKevin Warshcrypto

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Related tickers and likely impact

BTC/USDT

▼ Likely negative

Bitcoin

Relevance: high

MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$1.6T
Close on 10/28/202681,343.50
Change that session+0.54%
BTC/USDT price, forecasts and signals →

DXY

▲ Likely positive

Relevance: high

MarketCurrencies
Close on 10/28/2026102.14
Change that session-0.22%
DXY price, forecasts and signals →

XAU/USD

▼ Likely negative

Relevance: medium

MarketGold
Close on 10/28/20264,067.54
Change that session+0.18%
XAU/USD price, forecasts and signals →

SPY

▼ Likely negative

SPDR S&P 500 ETF

Relevance: medium

MarketUS stocks
SectorETF
Close on 10/28/2026772.35
Change that session+0.35%
SPY price, forecasts and signals →

GOOGL

• Neutral

Alphabet Inc. (Class A)

Relevance: low

MarketUS stocks
SectorCommunication Services
IndustryInteractive Media & Services
Market cap$4.0T
Close on 10/28/2026325.61
Change that session+1.57%
GOOGL price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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