Cryptocurrency26 Oct 2026SEO 801 min read

Analysis: Bitcoin holds near $80,000 as oil retreats and the Fed decision looms

Bitcoin was little changed near $80,400 since midnight UTC while the DeFi index was the only CoinDesk index to gain, with the Fed due to decide on Wednesday. B…

Bitcoin was little changed near $80,400 since midnight UTC while the DeFi index was the only CoinDesk index to gain, with the Fed due to decide on Wednesday. Bitcoin steadied near $80,400, little changed since midnight UTC, after dipping to around $79,300 during the Asian morning. The DeFi index was the only CoinDesk index to gain, with uniswap and ethena rising despite Arthur Hayes’ weekend sale of his fund’s directional book. The Fed, which raised rates in September, decides on Wednesday, wit…

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