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Bitcoin pulls back from near $85,000 ahead of Fed's rate decision expected to hold steady.

Market News
24 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin pulls back from near $85,000 ahead of Fed's rate decision expected to hold steady.

Bitcoin retreated after approaching the $85,000 mark, a resistance level identified by analysts. Traders are cautious ahead of the Federal Reserve's Oct. 27-28 meeting, where the consensus expects interest rates to remain unchanged. This pause in rate hikes is influencing market sentiment and price movements in the cryptocurrency space. Investors are watching closely for any signals from the Fed that could impact future monetary policy and Bitcoin's price trajectory.

Bitcoin is trading at Rp1.459.137.739 on Pluang, down 1.23% over the past day. The platform shows a market cap of Rp29.376,03T and a 64% buy order activity as of Oct 24, 2026 12:21 WIB.

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