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Bitcoin drops 3.5% ahead of Fed minutes release, falling below $84,000

Market News
07 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin drops 3.5% ahead of Fed minutes release, falling below $84,000

Bitcoin fell to $83,280.52 on Wednesday morning, down 3.5% in 24 hours as traders awaited the Federal Reserve's policy minutes from the September 15-16 meeting. The Fed had raised its federal-funds target range by 25 basis points to 3.75%-4%, signaling a focus on price stability. Bitcoin struggled to hold above $86,500 before the drop, reflecting market sensitivity to inflation and interest rate policies. Investors are closely watching the Fed's stance for future market direction.

Bitcoin's recent price movement provides context for cryptocurrency market activity on Pluang. For readers following digital assets, here is Pluang's market snapshot as of Oct 08, 2026 03:43 WIB: out of 50 major cryptocurrencies priced, 6 rose and 43 fell today. Notable movers include FIL (Filecoin) down 11.94% at Rp18.325 with balanced buy/sell orders and a typical hold time of 99 days, BAL (Balancer) up 11.14% at Rp16.297 with a typical hold time of 85 days, and UNI (Uniswap) down 10.04% at Rp139.594 with 27% sell and 73% buy orders and a typical hold time of 65 days.

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