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Bitcoin rebounds above $80,000 as crypto market recovers from sell-off

Bitcoin rebounds above $80,000 as crypto market recovers from sell-off

by | Nov 5, 2026 | Market News

Bitcoin rebounded above $80,000 after a sharp sell-off that had pushed the largest cryptocurrency to its lowest price since September. Ethereum, Solana, XRP and BNB also posted gains as the broader market bounced back from several days of heavy selling, according to Proactive financial news.

The recovery matters because it unfolded against a backdrop of continued withdrawals from U.S.-listed cryptocurrency exchange-traded funds, pointing to a disconnect between improving spot prices and weaker institutional fund flows.

Bitcoin rebounds above $80,000 after steep drop

Proactive financial news, in a report published on November 5, said Bitcoin was trading around $80,518, up roughly 4.7% over 24 hours; the exact observation time was not specified in the indexed report. Separately, 24/7 Wall St. reported a price of $80,360 and a 3.7% 24-hour gain in its November 4 report, published at 2:37 p.m. Eastern time.

The bounce followed a steep overnight drop. During the 03:00 UTC hour on November 4, the price reached $75,601, the weakest level since September 16 and under the October 30 trough of $76,141, 24/7 Wall St. reported. By 07:00 UTC on November 4 it had climbed back above $78,000 and kept rising, later surging to $81,131 during the 14:00 and 15:00 UTC hours that day.

Despite the rebound, Bitcoin still trades roughly 36% under the record peak of $126,080 set on October 6, 2025, according to 24/7 Wall St. It is down 6% over the past 30 days and 8% this year, though it has gained 25.4% over the past 90 days and sits above its 200-day average of $73,163.

Altcoins join the crypto market recovery

Ethereum gained almost 7% to $2,420, according to Proactive financial news, while 24/7 Wall St. reported a 6% rise to $2,433, putting it above its 20-day average of $2,351. BNB rose around 3.6% to $718, XRP added nearly 4% to $1.30 and Solana climbed more than 4% to $95.75, Proactive financial news reported.

Dogecoin was firmer at around $0.077 and Chainlink gained more than 5%, while Zcash rose more than 7% and several smaller altcoins recorded double-digit gains, according to Proactive financial news. 24/7 Wall St. noted that all major cryptocurrencies bounced simultaneously, suggesting the recovery may not be specific to Bitcoin.

Solana lagged the other large tokens, rising 3.3% to $97, and remains down 19.7% over the past 30 days, with the price sitting under its 20-day average of $101 as well as its 50-day average of $109, 24/7 Wall St. reported. Ethereum has declined 10.1% over the past 30 days, leaving it more ground to regain.

ETF outflows persist despite rebound

The recovery came even as U.S. spot Bitcoin ETFs saw net withdrawals of about $116 million on November 3, and Ethereum products shed a further $85 million, according to Proactive financial news. 24/7 Wall St. put the Bitcoin ETF figure at $115.6 million, leaving the funds with $99.2 billion in total assets.

Combined crypto ETF withdrawals were close to $208 million for the session, and Bitcoin ETFs have suffered around $1.16 billion in outflows across three sessions, Proactive financial news reported. According to 24/7 Wall St., ETF flows have yet to show a positive trend, and weak demand from Wall Street preceded the price drop.

Trading data points to forced buying

With no specific headline explaining either the drop or the recovery, traders turned to trading data for answers, 24/7 Wall St. reported. The decline unfolded during the 02:00 UTC hour on November 4, with the trough arriving an hour later as volume hit its peak for the period until mid-afternoon, a pattern consistent with selling pressure intensifying during thin overnight trading.

The initial recovery was modest: the November 4 07:00 UTC hourly close of $78,019 came on roughly one-sixth of the volume seen during the low hour, a pattern that generally indicates sellers stepping back while buyers remain cautious, according to 24/7 Wall St. The later surge to $81,131 coincided with the day's highest trading volume at 15:00 UTC on November 4, and such rapid increases often stem from liquidations, the outlet reported.

Traders who short Bitcoin can face automatic buybacks by exchanges if prices rise enough, and that forced buying can add upward momentum and trigger further buying from other short-sellers. Exchanges have not yet reported a confirmed total for liquidations during the session, and 24/7 Wall St. noted that if forced buying accounts for much of the advance, fresh demand, especially via ETFs, would be required to keep prices rising.

Key levels and market sentiment

At $80,360, Bitcoin moved back above its 20-day average of $80,317, a widely watched gauge of the near-term trend, but remains below its 50-day average of $81,909, where selling pressure has previously increased, 24/7 Wall St. reported. Proactive financial news said Bitcoin now faces an important technical test around $80,000 to $82,000, adding that holding above that band would strengthen the recovery case, while ongoing ETF withdrawals pose the clearest near-term threat to momentum.

The November 4 low was below the October 30 low, a pattern characteristic of a downtrend, though Bitcoin held above the September 15 low of $74,888, keeping September support intact, according to 24/7 Wall St. Proactive financial news said the recovery pushed sentiment out of deeply defensive territory as traders returned to higher-risk tokens after Bitcoin held above the mid-$70,000 range.

A popular crypto Fear and Greed Index, which measures market emotion from 0 for extreme fear to 100 for extreme greed, stood at 46, a cautious reading, 24/7 Wall St. reported. Earlier recoveries in August and September each ran for roughly a month, while the late-October bounce gave back all of its gains, closing at $78,231 on November 1 before prices fell again.

Conclusion

Bitcoin has bounced back above $80,000 after dipping to $75,601, its lowest level since mid-September, with Ethereum, Solana and other major tokens recovering alongside it. The rebound has so far coexisted with persistent U.S. spot ETF outflows, including roughly $1.16 billion pulled from Bitcoin funds over three sessions. The next concrete test is whether Bitcoin can hold above the $80,000 to $82,000 zone and its 50-day average near $81,909, and whether ETF flows turn positive, with continued withdrawals seen as the clearest near-term risk to momentum.

Frequently Asked Questions

How low did Bitcoin fall before rebounding above $80,000?

According to 24/7 Wall St., Bitcoin dropped to $75,601 during the 03:00 UTC hour on November 4, its lowest price since September 16 and below the October 30 low of $76,141, then recovered above $78,000 by 07:00 UTC that day. In its November 4 report, the outlet quoted $80,360, up 3.7% over 24 hours. Separately, Proactive quoted $80,518, up about 4.7% over 24 hours, in its November 5 report; its exact observation time was not specified in the indexed report.

How much have Bitcoin ETFs lost in outflows during the sell-off?

U.S. spot Bitcoin ETFs recorded about $116 million in net outflows on November 3, while Ethereum funds lost $85 million, according to Proactive financial news. Bitcoin ETFs have suffered around $1.16 billion in outflows across three sessions. 24/7 Wall St. reported the funds held $99.2 billion in total assets.

What technical levels does Bitcoin face after the recovery?

Bitcoin reclaimed its 20-day moving average of $80,317 but remains below its 50-day average of $81,909, where selling pressure has previously increased, according to 24/7 Wall St. Proactive financial news identified $80,000 to $82,000 as an important technical test, with a sustained move above it potentially reinforcing the recovery.

Did Ethereum and Solana recover along with Bitcoin?

Yes. In its November 4 report, 24/7 Wall St. quoted Ethereum at $2,433, up 6% and above its 20-day average, and Solana at $97, up 3.3%, while noting Solana was down 19.7% over 30 days and below its 20-day and 50-day averages. Separately, Proactive quoted Ethereum at $2,420, up almost 7%, and Solana at $95.75, up more than 4%, in its November 5 report; exact observation times were not specified in the indexed report.

What role did liquidations play in Bitcoin's bounce?

24/7 Wall St. reported that the sharpest part of the recovery, a surge to $81,131 during the 14:00 and 15:00 UTC hours on November 4, coincided with the day's highest volume, a pattern often stemming from liquidations. Forced buybacks of short positions can fuel upward momentum, though exchanges had not confirmed a liquidation total for the session.

Correction, November 5, 2026: An earlier version described the rebound as occurring Thursday and omitted the date of several hourly price observations. The 24/7 Wall St. report describes the November 4 move; the two outlets' price quotes are now attributed separately.

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Bitcoin Below $80,000 After Fed Holds Rates and Tech Shares Weaken

Bitcoin Below $80,000 After Fed Holds Rates and Tech Shares Weaken

by | Oct 30, 2026 | Tech

Bitcoin below $80,000 became the story of early trading on October 29 as markets digested the Federal Reserve's decision to leave interest rates unchanged and the hawkish dissent that accompanied it, according to NewsBTC. The move put the largest cryptocurrency back under a round-number level that traders watch closely.

The decline matters because it arrived as investors were simultaneously repricing interest-rate expectations and cutting exposure to technology shares, two forces that increasingly move crypto prices. NewsBTC reported that dollar financing rates, appetite for tech stocks, brokerage activity and institutional allocation decisions can all feed into crypto demand, so a shift in any one of them can ripple through digital asset prices within a single session.

The session therefore drew attention beyond crypto desks, because it tested how the asset behaves when monetary policy and equity sentiment deteriorate at the same time. According to the reporting, the selling pressure reflected conventional market transmission rather than any change specific to Bitcoin itself.

Fed Holds Rates With Two Hawkish Dissents

The Federal Open Market Committee kept its benchmark rate target range at 3.75% to 4.00%, and the official statement confirms two votes in favor of raising it. The statement passed 10-2, with Governor Lisa Cook and Cleveland Fed President Beth Hammack voting for a quarter-point hike.

The committee's own language signaled it is not ready to commit to a direction. "The accumulation of more information will help the Committee determine the policy stance appropriate to ensure a timely return of inflation to the Committee's 2 percent goal," the FOMC said in its statement.

Charles Schwab's analysts framed the outcome in their FOMC meeting write-up as the Fed choosing patience and leaving rates unchanged. A split vote in which the dissenters want to tighten, however, shifts the market conversation toward whether the next move could be up rather than down, and that reframing reached trading desks within hours of the release.

For crypto markets, the practical consequence was a rate outlook that carried more uncertainty than the price had reflected going into the meeting. Two votes for an increase do not change policy on their own, but they tell investors that tightening remains a live option, and that message landed on a market already positioned for the opposite.

Tech Selloff Pushes Bitcoin Below $80,000

The drop in Bitcoin arrived during Asian hours, when Samsung's semiconductor business fell short of analysts' estimates and the company's shares declined more than 5%, dragging technology stocks down with them, Coinspeaker reported. The weakness in chip names then carried over into crypto, according to the outlet.

History offers a pattern for days like this: a decline of more than one percent in tech futures seldom leaves Bitcoin untouched, and Thursday played out along those lines, one report noted. The linkage reflects how higher-for-longer rate expectations raise the cost of carrying leveraged positions while supporting cash and short-term instruments, conditions that weigh on both tech shares and crypto assets at the same time.

Fixed-income markets offered a competing pitch for investor cash. "Real yields remain attractive, and there's considerable income available across high-quality fixed-income markets," Rieder said, according to CryptoNews. That argument gains force whenever the Fed signals rates may stay elevated, because it gives investors a reason to demand more from assets that pay nothing.

NewsBTC's reporting placed the day's moves in the same frame, noting that the cost of dollar financing, investor appetite for tech shares, activity at brokerages and the allocation choices of institutions all shape demand for crypto. When several of those channels turn negative together, the effect on prices can be larger than any single catalyst would suggest.

Crowded Positioning Amplifies the Move

Surprises from central banks tend to bite hardest when traders are crowded on one side of the trade, and the Fed's mixed message arrived at a moment when many market participants were still positioned for rate cuts, according to the reporting. That backdrop helps explain why an ambiguous hold with two hawkish votes was enough to push prices lower without any change in policy itself.

The reporting also sketched a longer-term channel: should the Fed drift toward keeping rates higher for an extended period, borrowing becomes more expensive and projects operating on thin margins face delays, a dynamic that reaches data center and crypto infrastructure financing alike. A tidy narrative would blame the Fed alone, or Samsung, or Alphabet, but the session reflected all of these pressures landing at once.

Resisting a single-cause story matters for how the move is read, the reporting suggested, because each of the day's catalysts pointed in the same direction for the same underlying reason. Higher expected rates, weaker tech earnings and crowded positioning all reduce the willingness to hold volatile assets, and their convergence produced the slide that took Bitcoin below $80,000.

What Traders Watch Next

Attention now turns to a short list of markers: what Fed officials say next, how equity markets trade, the pace of ETF demand and whether Bitcoin finds its footing once the first reaction passes, NewsBTC reported. The size and timing of any future Fed move remain open questions hanging over each of those signals.

Because the central bank offered no guidance on December, the direction of equities now sets the tone, one report said, adding that a rebound in tech futures from their 1.1% decline would likely keep Bitcoin above the $80,000 line. Coinspeaker reached a similar conclusion, writing that ETF buyers returned this week but the Fed left December open and the price remains hostage to tech stocks.

Until one of those markers resolves, the reporting suggests the market is likely to trade off the same forces that produced the October 29 slide. Fed communication and equity direction sit at the top of that list, with ETF flows offering a measure of whether institutional demand can absorb the selling that a hawkish rate outlook encourages.

Conclusion

The session that took Bitcoin below $80,000 on October 29 followed a Federal Reserve decision to hold rates at 3.75% to 4.00% with two officials dissenting in favor of a hike, and a selloff in technology shares that began with Samsung in Asian trading. Reporting across outlets attributes the move to the combination of hawkish rate risk and tech weakness rather than any single trigger. The next concrete markers are further Fed communication, the direction of equity markets, ETF flows and whether Bitcoin stabilizes after the initial reaction, with the size and timing of any future Fed move still undecided.

Frequently Asked Questions

Why did Bitcoin fall below $80,000 on October 29, 2026?

The drop came in early trading on October 29 as investors weighed the Federal Reserve's decision to leave rates unchanged alongside a hawkish dissent, according to NewsBTC. Coinspeaker reported the decline unfolded in Asian hours after Samsung's semiconductor unit missed estimates, sending its shares down more than 5% and dragging tech stocks lower.

How did the Federal Reserve vote on October 28, and who dissented?

The FOMC held its benchmark rate target range at 3.75% to 4.00%, and the statement passed 10-2. Governor Lisa Cook and Cleveland Fed President Beth Hammack voted for a quarter-point hike, two votes in favor of raising the range that the Fed's official statement confirms.

What did the FOMC statement say about future rate decisions?

The FOMC said: "The accumulation of more information will help the Committee determine the policy stance appropriate to ensure a timely return of inflation to the Committee's 2 percent goal." Charles Schwab's analysts described the outcome as the Fed choosing patience and leaving rates unchanged.

What role did Samsung and tech stocks play in the Bitcoin drop?

Coinspeaker reported the Bitcoin decline unfolded in Asian hours after Samsung's chip unit missed analysts' estimates and its shares slid more than 5%, dragging technology stocks down, with the chip weakness then spreading to crypto. One report noted that a drop of more than one percent in tech futures seldom leaves Bitcoin steady.

What could decide whether Bitcoin holds above $80,000 next?

NewsBTC identified the coming signals as Fed communication, equity-market direction, ETF demand and whether Bitcoin stabilizes after the initial reaction. One report said that with the Fed silent on December, equities set the tone, and a recovery in tech futures from their 1.1% decline would likely keep Bitcoin above $80,000.

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Bitcoin Price Faces $11B Options Expiry After Fed Holds Rates

Bitcoin Price Faces $11B Options Expiry After Fed Holds Rates

by | Oct 29, 2026 | Altcoin

Roughly $11 billion worth of Bitcoin options contracts are set to settle on October 30, presenting the cryptocurrency with its next big challenge, according to Cryptonews. With the Federal Open Market Committee's rate call now out of the way, the focus turns to whether the cryptocurrency can stay steady while derivatives positions reset around it.

On October 28, the Federal Reserve kept its benchmark rate in a 3.75% to 4% band, as markets had anticipated, although two policymakers broke ranks and argued for a quarter-point increase. That outcome cleared away one near-term unknown, yet the central bank's signals about where policy goes next still carry weight for risk assets, and the expiry gives Bitcoin a window to refocus on positioning and demand even as the settlement threatens to spark another swing in price.

What the $11 Billion Expiry Means for Bitcoin Price

Open interest is heavily concentrated in these expiring contracts, which makes the settlement a focal point for near-term price swings. Derivatives data reported ahead of expiry showed more call options than puts, with one estimate placing the put-to-call ratio near 0.53, meaning calls outstanding far exceeded puts, Cryptonews reported.

Call contracts tend to pay off when prices rise, whereas put contracts can act as insurance against a drop. That positioning offers a potentially bullish talking point, though options open interest reflects existing contracts, some calls may be part of hedged strategies, and puts can serve purposes beyond outright bearish bets.

Expiry estimates have zeroed in on the $78,000 zone as an important marker. This is frequently labeled the maximum-pain point, the theoretical price at which total payouts to option holders would be smallest, but Bitcoin can settle well above or below $78,000 depending on market demand, liquidity, and trading activity.

Should dealers unwind their hedge positions and the expiring contracts roll off without sparking heavy selling, the market may gain space for a directional recovery. A bounce could take shape if traders digest the Fed's message without a fresh round of selling pressure.

Fed Hold Removes One Risk, Not All of Them

With the FOMC meeting concluded, attention shifts to what the decision means past October. Policymakers left rates where they were while characterizing economic activity as strong and inflation as elevated, and the two dissents favoring a rate hike complicate the bullish interpretation because they show inflation worries persist inside the committee even though the target range was left unchanged.

For Bitcoin price, the immediate question is whether the widely expected rate hold was already reflected in market pricing. Once a decision lands without any real surprise, attention typically shifts back to positioning, liquidity, and incoming economic data, which can open the door to a relief rally if investors judge the announcement less harmful than feared.

On the other hand, worries that policy could tighten later in the year may keep pressure on risk appetite. One event risk is now off the table, but uncertainty over monetary policy remains in place.

Policymakers are next set to gather on December 8-9. In the meantime, fresh inflation readings, jobs data, and remarks from Fed officials could all alter what traders expect from that meeting.

Whales Trim Exposure as Bitcoin Price Stalls at Resistance

Bitcoin failed to move past its 50-day simple moving average as market participants awaited the outcome of the FOMC meeting and key tech earnings, Cointelegraph reported. Data from TradingView showed BTC/USD failing to break beyond $81,700, instead reversing to as low as $80,297 on Bitstamp, with the pair down about 0.3% on the day at the time of writing.

After upside momentum faded, the 50-day simple moving average at $81,831 functioned as resistance on low time frames. US stock markets tracked sideways into the run-up to the FOMC decision and press conference after South Korea's KOSPI gained 6.6%, and US stocks opened flat ahead of the meeting statement and press conference from Fed chair Kevin Warsh.

Data from CME Group's FedWatch Tool showed 90.6% odds of a pause at Wednesday's FOMC, while the outcome for the December meeting remained a 0.25% rate hike.

Large holders appeared to reduce exposure ahead of the decision. Data shows that Bitcoin whale groups recently realized approximately $156 million in profits, increasing potential selling pressure, and over the past 24 hours whale holdings decreased by about 8,162 BTC, valued at around $664 million, according to alicharts monitoring cited by KuCoin, which said this suggests large holders are reducing exposure ahead of the FOMC decision.

Key Levels Traders Are Watching After the Expiry

Bitcoin's current key support level is near $81,000, and according to URPD data cited by KuCoin, nearly 1 million BTC have previously traded at that level. If breached, the next levels to watch are $77,000 and $67,000, while a bullish reversal would require a break above $84,500, where approximately 620,000 BTC have traded historically.

Analyzing exchange order-book liquidity, onchain analytics platform Glassnode flagged bid liquidity moving further below $80,000, shifting the likely reversal area lower should downside accelerate. Glassnode said bids had moved down to roughly $78,000, where orders add up to about $42 million, up from about $24 million in mid-October, describing it as the largest block of bids near price and the first place where buyers would be expected to step in on a dip.

Recent patterns between FOMC meetings and Bitcoin price movements show that Bitcoin typically experiences less than 1% volatility within the first hour after the meeting, with a clearer directional trend usually emerging within the following 24 hours and often persisting for up to a week, according to KuCoin. History also suggests that Bitcoin does not follow a consistent pattern after Fed decisions, and markets often price in expected policy moves before the announcement, leaving unexpected guidance and changing macroeconomic conditions to drive the subsequent reaction, according to 99Bitcoins.

The options settlement is the next test, and a stable reaction could help bulls build momentum, but Bitcoin price needs confirmation from buyers before traders can confidently treat the expiry as a turning point.

Macro Backdrop Beyond the Fed

The October FOMC decision is only part of the Bitcoin equation, according to 99Bitcoins. Energy prices, developments in Russia-Ukraine negotiations, Treasury yields, and the dollar will decide whether the recovery has room to continue.

Oil prices surged above $115 per barrel after renewed supply concerns in the Middle East, while Russia and Ukraine moved toward another round of US-brokered peace talks, and both developments could influence inflation expectations and the Fed's policy. Brent crude rose around 1.4% to $115 per barrel, while US West Texas Intermediate reached $101, after Yemen's Iran-aligned Houthi group claimed a missile attack on Saudi Arabia's largest oil refinery.

Higher energy costs could complicate the Fed's inflation fight by increasing transportation, manufacturing, and consumer fuel expenses, and if expensive oil keeps inflation elevated, policymakers may have less room to ease monetary policy. Higher interest rates for longer could support the US dollar and Treasury yields, reducing demand for speculative assets, while a sustained decline in oil prices could ease inflation concerns and improve expectations for future rate cuts, a scenario in which Bitcoin could benefit.

Diplomatic developments between Russia and Ukraine provide another variable for financial markets. Both countries agreed to a local ceasefire in the Ukrainian town of Oleshky to allow humanitarian aid deliveries and civilian evacuations, and Ukrainian President Volodymyr Zelenskyy indicated that technical-level negotiations involving Ukraine, Russia, and the United States could take place in the first half of November.

A credible peace agreement could eventually alter energy-market expectations, particularly if it changes sanctions, trade flows, or the risk premium attached to Russian oil supplies, and lower geopolitical risk could help ease some of the pressure on crude prices. Russia and Ukraine continue to disagree over territorial claims and security guarantees, however, and military activity has continued despite renewed diplomatic efforts, so a durable reduction in tensions could support risk appetite without necessarily triggering an immediate crypto rally.

Conclusion

Bitcoin price enters October 30 with the Fed's rate hold behind it and an $11 billion options expiry directly ahead, an event that concentrates open interest and could drive short-term volatility in either direction. Whale selling, a call-heavy positioning mix, and a maximum-pain level near $78,000 frame the settlement, while support near $81,000 and resistance at the 50-day moving average define the immediate technical battleground. The next concrete checkpoint is the December 8-9 FOMC meeting, with inflation and employment data in between set to shape rate expectations.

Frequently Asked Questions

When does the $11 billion Bitcoin options expiry take place?

The $11 billion in Bitcoin options contracts expire on October 30, one day after the FOMC delivered its latest interest-rate decision. The contracts represent a substantial concentration of open interest, making the settlement an important event for short-term volatility in the Bitcoin price.

What did the Federal Reserve decide at the October 28 FOMC meeting?

The Federal Reserve held interest rates at 3.75% to 4% on October 28, matching expectations. Two officials dissented, preferring a quarter-point rate hike, and the Fed described economic activity as strong and inflation as elevated.

What is the maximum-pain level for the Bitcoin options expiry?

The $78,000 area has emerged as a key reference point in expiry estimates. Often described as the maximum-pain level, it represents the theoretical settlement price at which aggregate option-holder payouts would be minimized, though Bitcoin can settle well above or below it depending on demand, liquidity, and trading activity.

How much Bitcoin did whales sell before the FOMC decision?

Over the past 24 hours, whale holdings decreased by about 8,162 BTC, valued at around $664 million, while whale groups realized approximately $156 million in profits. According to alicharts monitoring cited by KuCoin, this suggests large holders were reducing exposure ahead of the FOMC decision.

When is the next FOMC meeting after October 2026?

The next FOMC meeting is scheduled for December 8-9. Until then, inflation reports, employment figures and comments from policymakers could reshape expectations for the next rate decision, with CME FedWatch data showing a 0.25% rate hike as the expected December outcome.

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Bitcoin Ethereum XRP Slide as ETF Delay, Fed Meeting and Elections Keep Markets on Edge

Bitcoin Ethereum XRP Slide as ETF Delay, Fed Meeting and Elections Keep Markets on Edge

by | Oct 27, 2026 | Ethereum

Bitcoin Ethereum XRP remained under pressure on Monday, October 26, with all three tokens sliding as traders weighed a delayed leveraged ETF filing, an upcoming Federal Reserve meeting and U.S. midterm elections. Bitcoin traded at $79,979 on Binance at 08:22 UTC, roughly 6% below the prior Wednesday's high of $84,898, according to Finance Magnates.

Ether, XRP and Dogecoin each dropped to their lowest prices since August, Finance Magnates reported. The pullback comes even after Bitcoin gained more than 40% in the third quarter, its strongest quarter since late 2024, and stood only 0.4% lower in the month through October 20, per FM Intelligence data cited by the outlet.

Bitcoin Ethereum XRP Price Levels

Bitcoin closed at $81,189 on Friday and slipped below its 50-day exponential moving average, now near $80,793, over the weekend, according to Finance Magnates. Ether broke its October support near $2,393 and closed lower for four consecutive sessions, with Monday's candle red again at $2,314.

XRP was holding a support zone between $1.28 and $1.32 but traded below both its 50-day and 200-day exponential moving averages, a setup Finance Magnates described as leaving the token in a downtrend. It changed hands at $1.277 on Monday, down 1.3% on the day. Dogecoin had already broken support at $0.080 and traded near $0.077, also below both key averages.

Some traders see value at current levels despite the slide. "We favor buying dips to $80k and owning tail risk puts on these prices," Anderson said, according to Finance Magnates.

GraniteShares Delay Adds to Caution

GraniteShares filed a post-effective amendment with the U.S. Securities and Exchange Commission on October 26, pushing the effective date of an earlier registration amendment to November 30, 2026, Coinpedia reported. Eight proposed funds are named in the document, among them 3X long and 3X short daily products tied to XRP, Bitcoin, Ether and Solana.

The funds would rely on derivatives including swaps and futures, aiming to deliver three times the daily move of the underlying assets in either direction. The document states its purpose is to delay the effective date, and it does not say the SEC rejected the products or give a reason for the revised timeline, according to Coinpedia. The November 30 date also does not guarantee all eight funds will begin trading that day.

Elections and Fed Meeting Loom

The delay lands eight days ahead of the November 3 midterms, a vote in which every one of the 435 House seats and 35 Senate seats will be contested, Coinpedia reported. The results could shape control of Congress and future crypto rules, leaving some investors reluctant to add risk until the political picture clears.

The Federal Reserve's October 27 to 28 meeting adds another layer of uncertainty. The central bank is widely expected to hold interest rates at 3.75% to 4.00%, but any unexpected signal on future rate moves could ripple through crypto prices, according to Coinpedia.

XRP Correlation and ETF Flows

XRP's relative calm earlier in the week had fueled talk that the token might be decoupling from Bitcoin, but the underlying data points the other way, according to 24/7 Wall St. XRP's daily returns over the seven days ending October 25 showed a 0.97 correlation with Bitcoin, meaning the two moved almost in lockstep even as XRP fell less.

The longer-term readings tell a similar story, with correlations of 0.91 over 30 days, 0.89 over 90 days and 0.85 historically, the outlet reported. Over the past 30 days, XRP has dropped 18.8% against Bitcoin's 5% decline, and over the past year it has lost 49.8% compared with Bitcoin's 27.7% decrease, suggesting XRP tends to track Bitcoin but fall harder in downturns.

Spot XRP ETF activity has also cooled. The funds traded only $18.8 million on October 23, down from more than $102 million on October 2, and combined net assets fell to $1.48 billion by October 23 from $1.77 billion a month earlier on September 25, with price declines outweighing roughly $4.3 million in net inflows from October 19 to October 23, 24/7 Wall St. reported.

Reports of rising XRP margin shorts on Bitfinex, from approximately 148,850 to around 300,000 in under two weeks, could set up a short squeeze if the token rallies, though those figures are unconfirmed, the outlet noted. Attention now turns to the Ripple Swell conference from October 27 to 29 in New York, held alongside the XRPL Apex developer event, where any payments or tokenized asset agreements on the XRP Ledger could generate demand independent of Bitcoin.

Conclusion

Bitcoin, Ethereum and XRP enter a packed week at multi-month lows, with the Federal Reserve's October 27 to 28 decision and the November 3 midterm elections the next clear catalysts. GraniteShares' eight leveraged crypto ETFs are now slated for effectiveness on November 30, 2026, though trading on that date is not assured. For XRP, 24/7 Wall St. reported the token would need sustained spot ETF inflows and closes above its 50-day average near $1.41 on days Bitcoin falls to signal genuine separation.

Frequently Asked Questions

Why did Bitcoin, Ethereum and XRP fall on October 26, 2026?

Finance Magnates reported Bitcoin at $79,979 on Binance at 08:22 UTC on Monday, about 6% below the prior Wednesday's high of $84,898, while Ether, XRP and Dogecoin hit their lowest prices since August. Traders cited caution ahead of the Federal Reserve's October 27 to 28 meeting and the November 3 U.S. midterm elections.

What did the SEC delay for GraniteShares' 3X leveraged crypto ETFs?

GraniteShares filed a post-effective amendment on October 26 delaying the effective date to November 30, 2026, for eight proposed 3X long and 3X short daily ETFs tied to XRP, Bitcoin, Ether and Solana, Coinpedia reported. The filing did not say the SEC rejected the products, and the November 30 date does not guarantee trading begins then.

Is XRP decoupling from Bitcoin in October 2026?

No, according to 24/7 Wall St. XRP's daily returns showed a 0.97 correlation with Bitcoin over the seven days ending October 25, with readings of 0.91 over 30 days and 0.89 over 90 days. XRP fell 18.8% over 30 days against Bitcoin's 5% decline, indicating it tracks Bitcoin and often drops more sharply.

What is the Federal Reserve expected to decide at its October 27-28, 2026 meeting?

The Fed is widely expected to keep interest rates at 3.75% to 4.00%, according to Coinpedia. Any unexpected signals about future rate changes could affect crypto prices, adding to market uncertainty already tied to the November 3 midterm elections.

How much did spot XRP ETFs trade and hold in late October 2026?

Trading in spot XRP ETFs thinned to just $18.8 million by October 23, a steep drop from the more than $102 million seen on October 2, 24/7 Wall St. reported. Combined net assets fell to $1.48 billion by October 23 from $1.77 billion on September 25, as price declines outweighed roughly $4.3 million in net inflows during the week of October 19 to 23.

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Bitcoin, Ethereum and XRP Risk Extending Bearish Streak as Fed Week Looms

Bitcoin, Ethereum and XRP Risk Extending Bearish Streak as Fed Week Looms

by | Oct 26, 2026 | Altcoin

Bitcoin fell below $80,000 on Monday, changing hands at $79,863.55 after losing 1.6% in a day and 3.8% in a week, according to CoinGecko data cited by Coinpedia. Ether dropped 2.7% to $2,310.09, XRP lost 2.6% to $1.28 and Solana slipped 2.2% to $100.59, leaving traders asking whether Bitcoin, Ethereum and XRP are at risk of extending their bearish streak.

The declines matter because they come ahead of a packed macro week. Traders are cutting risk before a Federal Reserve policy decision, fresh US PCE inflation figures and a wave of quarterly results from roughly a fifth of the S&P 500, Coinpedia reported.

Finance Magnates put bitcoin at $79,979 on Binance at 08:22 UTC on Monday, roughly 6% under the peak of $84,898 reached last Wednesday. Ether, XRP and Dogecoin all touched prices not seen since August, the outlet reported.

Equity selloff spills into crypto

The selloff began on Thursday, as concerns over funding for artificial intelligence spending weighed on technology shares, Finance Magnates reported. The Nasdaq Composite fell 2.6%, its worst session since June, and Meta Platforms lost about 7%.

Lorris Beziers, senior DeFi analyst at Tesseract Group, said on Thursday that the decline resembled stock-market nervousness flowing into bitcoin instead of a new shock originating within crypto itself, according to Finance Magnates.

US spot bitcoin exchange-traded funds saw outflows of $635.6 million on Thursday, followed by $137.9 million more on Friday, according to Farside Investors data cited by Finance Magnates. Those two days of withdrawals erased over $1 billion that had entered the funds across the prior three sessions.

The pullback follows a strong run. FM Intelligence data reported by Finance Magnates showed bitcoin up over 40% across the third quarter, its strongest quarterly performance since late 2024, and down just 0.4% for the month through October 20.

Liquidations and the Fed calendar

CoinGlass data showed $440.9 million in crypto liquidations over 24 hours by Thursday evening, with $397 million of them long positions, Finance Magnates reported. Coinpedia noted that recent trading has repeatedly flushed out leveraged retail bets, with the next big pocket of forced liquidations clustered around $78,800.

Macro pressure is adding to the strain. Oil prices climbed 4% on Thursday, with Brent crude reaching $113.17 a barrel as Middle East tensions flared, a development that keeps inflation concerns alive ahead of the Fed's decision on Wednesday, Finance Magnates reported.

In September, the central bank lifted its target range by a quarter point to between 3.75% and 4.00%, while consumer prices climbed 3.7% over the year to that month. A hold is priced for this week, but Iliya Kalchev, an analyst at Nexo, said on Friday that CME FedWatch still put the odds of a December hike at about 75%, according to Finance Magnates.

Wednesday brings the Fed's rate announcement, Thursday delivers core PCE inflation readings, and Friday sees roughly $11 billion worth of bitcoin options reach expiry on Deribit, Finance Magnates reported.

Bitcoin tests $80,000 support

Bitcoin ended Friday's session at $81,189, beneath a key threshold, and slipped below its 50-day exponential moving average, which now sits around $80,793, during weekend trading, Finance Magnates reported. That puts bitcoin back inside its August-September range.

The token now sits on the psychological $80,000 level, and Saturday's low reached $79,221. The 200-day EMA near $76,344, about 4.5% lower, could still slow the decline, but bitcoin now has plenty of room to correct, according to Finance Magnates.

Jeff Anderson, head of US at STS Digital, said on Friday that a break below $80,000 "will force selling and liquidations," but his desk sees that level as a place to buy. "We favor buying dips to $80k and owning tail risk puts on these prices," Anderson said.

Coinpedia's analysis framed the downside in similar terms: a sharp move toward $76,000 would signal a genuine downtrend, while continued choppy trading would point to another short-lived range that traps buyers on brief rallies.

Paul Howard, senior director at Wincent, said on Thursday that he still sees bitcoin range-bound between $80,000 and $85,000 until the US midterm elections, Finance Magnates reported. For Tesseract's Beziers, the test is whether ETF inflows return while bitcoin holds the $80,000 to $81,000 area into the Fed meeting.

Ethereum and XRP levels to watch

Ether broke its October support near $2,393 and has closed lower four days in a row, with Monday's candle red again at $2,314, Finance Magnates reported. The last of its key averages, the 200-day EMA near $2,318, has stopped the decline so far, and ether is testing it again now; Saturday's dip to $2,280 did not end with a daily close below it.

A daily close below that average would send ether back toward the psychological $2,000 level, about 14% lower, according to Finance Magnates. Below that sits the $1,819 to $1,919 zone, where ether consolidated in July and August, 17% to 21% under the current price.

XRP is still holding support between $1.28 and $1.32, but it now trades below both its 50-day and 200-day EMAs, which leaves it in a downtrend, Finance Magnates reported. It was at $1.277 on Monday, down 1.3%, and is the last of the four major tokens still sitting on support.

Instead of a clean rebound, XRP's chart drew two almost identical falling boxes, Finance Magnates reported. XRP dropped out of the second one and then retested it from below, which confirmed the breakdown. Dogecoin has already broken support at $0.080 and trades below both its 50-day and 200-day EMAs, near $0.077 on Monday.

XRP decoupling talk meets correlation data

XRP barely budged this week while Bitcoin, Ethereum and Solana tumbled, sparking talk of a long-awaited decoupling, 24/7 Wall St. reported. XRP fell just 0.1% over the week, making it one of the most stable major cryptocurrencies, while Bitcoin fell 2%, Ethereum fell 3.4% and Solana fell 2.8%.

With XRP at $1.30 and Bitcoin near $80,268, some XRP holders speculate the token may be starting to decouple from Bitcoin. But the correlation data, the ETF flows and a brutal 30-day track record tell a more complicated story, the outlet reported.

XRP's daily returns over the past seven days showed a correlation of 0.97 with Bitcoin's movements, indicating they moved almost identically during this period, according to 24/7 Wall St. Over longer periods, the correlation remains strong at 0.91 over 30 days, 0.89 over 90 days and 0.85 historically.

Over the past 30 days, XRP has dropped 18.8%, compared with Bitcoin's relatively mild 5% decline, the outlet reported. Year-to-date, XRP is down 29.1% while Bitcoin is down 7.7%, and over the past year XRP has lost 49.8% against Bitcoin's 27.7% decrease, a pattern that suggests XRP tends to follow Bitcoin but often more sharply during price drops.

ETF flows, shorts and Ripple Swell

One factor that could push XRP away from Bitcoin is the flow of funds into spot XRP ETFs, which directly hold the token, 24/7 Wall St. reported. From October 19 to October 23, these funds saw a net inflow of about $4.3 million, including around $709,000 on October 21 and $3.5 million on October 22.

However, the ETFs' net assets shrank from $1.77 billion on September 25 to $1.48 billion on October 23, indicating that price declines outweighed the inflows, and a few million dollars per day is insufficient to steer XRP away from Bitcoin's influence, the outlet reported. Spot XRP ETFs traded only $18.8 million on October 23, down from over $102 million on October 2.

Reports indicated a rise in XRP margin shorts on Bitfinex, increasing from approximately 148,850 to around 300,000 in under two weeks, according to 24/7 Wall St. While these figures are unconfirmed, if XRP begins to rise, short sellers may be forced to buy back coins, creating a short squeeze that drives up demand.

The upcoming Ripple Swell conference from October 27 to 29 in New York, combined with XRPL Apex, Ripple's developer conference, could also matter, the outlet reported. While past conferences have not led to long-lasting rallies for XRP, any agreements related to payments or tokenized assets on the XRP Ledger could generate demand independent of Bitcoin.

Conclusion

Bitcoin, Ethereum and XRP enter a decisive week with prices pressing against support levels that have held since August. Bitcoin sits on the psychological $80,000 mark after closing below its 50-day average, ether is retesting its 200-day EMA near $2,318, and XRP is holding a $1.28 to $1.32 band while trading in a confirmed downtrend. The next concrete catalysts arrive in sequence: the Federal Reserve's rate decision on Wednesday, core PCE inflation data on Thursday and roughly $11 billion in bitcoin options expiring on Deribit on Friday. Analysts say the key test is whether ETF inflows return while bitcoin holds the $80,000 to $81,000 area into the Fed meeting, and whether XRP can attract sustained spot ETF demand large enough to loosen its 0.97 correlation with Bitcoin.

Frequently Asked Questions

Why did Bitcoin fall below $80,000 on Monday?

Bitcoin dropped below $80,000 on Monday, trading at $79,863.55, down 1.6% over 24 hours, according to CoinGecko data cited by Coinpedia. The selloff started Thursday when worries about funding artificial intelligence spending hit tech stocks, and traders cut risk ahead of the Federal Reserve meeting, US PCE inflation data and earnings from about 20% of S&P 500 companies.

What happened to US spot bitcoin ETF flows last week?

US spot bitcoin exchange-traded funds lost $635.6 million on Thursday and another $137.9 million on Friday, according to Farside Investors data cited by Finance Magnates. The two days of outflows reversed more than $1 billion of inflows recorded over the previous three sessions.

What are the key support levels for Bitcoin, Ethereum and XRP?

Bitcoin sits on the psychological $80,000 level, with the 200-day EMA near $76,344 below it. Ether is testing its 200-day EMA near $2,318, and a daily close below it could send prices toward $2,000. XRP is holding support between $1.28 and $1.32 but trades below both its 50-day and 200-day EMAs.

Is XRP decoupling from Bitcoin?

Not according to the data. XRP fell just 0.1% over the week while Bitcoin fell 2%, but XRP's daily returns showed a 0.97 correlation with Bitcoin over seven days, and 0.91 over 30 days, according to 24/7 Wall St. Over the past 30 days XRP dropped 18.8% against Bitcoin's 5% decline, suggesting it still follows Bitcoin, often more sharply.

What events this week could move crypto prices?

The Federal Reserve announces its rate decision on Wednesday, with a hold priced in but CME FedWatch putting December hike odds near 75%, according to Nexo analyst Iliya Kalchev. Core PCE inflation data follow on Thursday, and about $11 billion in bitcoin options expire on Deribit on Friday. Ripple's Swell conference runs October 27 to 29 in New York.

Sources

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