Macro● Neutral● Important

Bitcoin steady near $80,000 as Nasdaq slips over 1% on rate and inflation news

TradingGain Newsroom·23h ago·29 Oct 2026, 10:41 UTC

Bitcoin is holding near $80,000 while the Nasdaq fell more than 1%. Interest rates were lower on Thursday, even though government reports showed inflation and economic growth still rising. Traders may watch how these mixed signals shape demand for riskier assets like crypto and stocks.

BTCAt the time of writing, Bitcoin traded at $80,392 (-0.17% in 24h).Live price →

Why it matters

Bitcoin is holding near $80,000 while the Nasdaq fell more than 1%.
Lower interest rates on Thursday came despite reports of rising inflation and economic growth.
Mixed signals from rates and economic data may keep traders cautious about risk assets.

What to watch next

Watch how Bitcoin reacts around the $80,000 level and whether the Nasdaq decline continues alongside future interest rate decisions.

BTCLive chartOpen full chart →

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.