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Bitcoin and top cryptos show low volatility as investors await Fed rate decision, signaling potential bull market ahead.

Market News
23 Oct 2026
Decrypt
View Source
Neutral
Bitcoin and top cryptos show low volatility as investors await Fed rate decision, signaling potential bull market ahead.

Bitcoin and the top five cryptocurrencies have shown minimal price movement recently, with Bitcoin not moving more than 6% in the past month and top cryptos less than 2% in the past week. Analysts suggest this quiet market could be a positive sign, indicating a potential upcoming bull market as investors adopt a 'wait and see' approach ahead of the Federal Reserve's rate decision on October 28. Market calmness reflects investor resilience amid global uncertainties, with key upcoming events like the Fed decision, options expiry, and U.S. midterms likely to influence the next major market move. Meanwhile, some smaller cryptocurrencies have seen notable gains despite the overall quiet market.

Bitcoin remains steady on Pluang, trading at Rp1.472.814.695 with a slight 0.13% decrease in the last day. The platform shows a balanced market sentiment with 70% of orders to sell and 30% to buy as of Oct 23, 2026 16:01 WIB.

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