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Bitcoin trades near $81,000, just below US spot ETF cost basis of $81,500 ahead of Fed rate decision.

Market News
28 Oct 2026, 12:18 WIB
CryptoTicker
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Neutral
Bitcoin trades near $81,000, just below US spot ETF cost basis of $81,500 ahead of Fed rate decision.

Bitcoin is trading at around $80,913, slightly below the average acquisition price of $81,500 held by US spot Bitcoin ETFs, meaning these funds are currently at a loss as a group. This cost basis line often acts as resistance, influencing selling pressure. The Federal Reserve's interest rate decision later today is expected to have less impact than this technical level. Investors should watch if Bitcoin closes above $81,500, which could signal a recovery for ETF holdings. The Fed's policy rate is currently 3.75-4.00%, with markets expecting a pause in rate hikes. German investors should note tax rules on holding periods for crypto gains.

Bitcoin price context is provided here for readers, with Pluang market data as of Oct 28, 2026 15:31 WIB. Among 50 major cryptocurrencies on Pluang, 43 rose and 6 fell today. Notable movers include GRT at Rp411 with a 4.48% increase and a 97% sell order activity, COTI at Rp192 up 4.33% with 95% buy orders, and DOGE at Rp1,457 rising 4.29% with 81% buy orders.

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