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Bitcoin briefly hits $81K as Fed holds rates steady, sparking volatile swings and $167M crypto liquidations.

Market News
28 Oct 2026, 21:11 WIB
Bitcoin
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Bitcoin briefly hits $81K as Fed holds rates steady, sparking volatile swings and $167M crypto liquidations.

Bitcoin surged above $81,000 before dropping below $80,500 as traders awaited the Federal Reserve's interest rate decision, which ultimately kept rates steady at 3.75%-4%. The announcement led to a quick rebound to around $81,000. The volatility triggered $167 million in crypto liquidations, mostly from short positions. Despite the Fed's pause, inflation concerns and the upcoming US midterm elections keep bitcoin rangebound near $80,000, with resistance at $80,500.

Bitcoin price movements are the subject, with Pluang market data providing context as of Oct 29, 2026 00:23 WIB. For readers following cryptocurrency broadly, 30 of 50 major cryptocurrencies on Pluang rose today while 19 fell. Notable movers include BAL (Balancer) at Rp16.297 with a 1-day change of +11.14%, EOS (EOS.IO) at Rp12.649 up 8.13%, and BAT (Basic Attention Token) at Rp2.513 down 5.14%.

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