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Bitcoinâ—Ź Neutralâ—Ź Important

Bitcoin steady near $80,400 as oil eases ahead of Wednesday's Fed decision

TradingGain NewsroomTradingGain Newsroom··26 Oct 2026, 11:24 UTC

Bitcoin barely moved and traded near $80,400 since midnight UTC. Among CoinDesk's indexes, only the DeFi index gained, while oil prices fell back. Traders may hold off on big moves until the Fed announces its decision on Wednesday.

BTCAt the time of writing, Bitcoin traded at $80,316 (-0.08% in 24h).Live price →

Why it matters

  • Bitcoin is flat near $80,400, so there is no clear direction yet.
  • The DeFi index was the only CoinDesk index to rise, showing selective buying.
  • The Fed decision on Wednesday is a key event that could shift market sentiment.

What to watch next

Watch the Fed's decision on Wednesday and whether bitcoin can hold near $80,400.

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗
Bitcoin steady near $80,400 as oil eases ahead of Wednesday's Fed decision
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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.