Monetary Policy

Bitcoin was quoted at $80,700 on Oct. 28, up 0.87% intraday, as its correlation with the U.S. stock market rose to its highest level since late May. Glassnode researchers noted that the cost basis of buyers who entered the market over the past two years is concentrated at $87,000 and above. Profit-taking or stop-loss selling in this range has ended Bitcoin’s rally twice this year, and Bitcoin has typically fallen 25% or more after each selloff. Key Bitcoin Data: $87,000 Has Halted Rallies Twice

The Federal Open Market Committee (FOMC) holds its Day 2 meeting and policy rate decision at 3 a.m. Korea time on Oct. 29, followed by a press conference from Fed Chair Kevin Warsh at 3:30 a.m. Korea time on Oct. 29. Corporate earnings releases are scheduled from Alphabet and Microsoft on Oct. 28.

US Treasury Secretary Scott Bessent stated on October 27 that cryptocurrencies could become a key tool in reinforcing the dollar's global dominance during a conversation with Ripple Chief Executive Officer Brad Garlinghouse at Ripple's Swell conference. Bessent emphasized that technological

According to Bitcoin Magazine, Bitcoin traded near $80,000 on Monday (October 26) as traders awaited the Federal Reserve's interest-rate decision ending October 28. The cryptocurrency has dipped below $80,000 multiple times in recent days but recovered each time. Spot Bitcoin ETFs recorded

According to Wintermute's weekly report, Bitcoin declined 2.43% last week (marking three consecutive weeks of losses), testing $80,000 after breaking below $82,500. Ethereum fell 3.40% to approximately $2,330. U.S. spot Bitcoin ETFs recorded a net outflow of $636 million on Thursday, the largest

Ethereum declined 12%-14% in October and trades near $2,325 ahead of the Federal Reserve's October 28 interest-rate decision. QCP Capital identified $2,150 as Ethereum's next major support level and $2,500 as resistance in its October 26 market commentary. The decline occurred as Ethereum ETFs

On Wednesday, October 28, 2026, U.S. time, the FED will announce its latest Interest Rate decision. CME FedWatch data shows that the market is pricing in an 89.5% probability that rates will remain unchanged in October, and just a 10.5% probability of a cumulative 25-bps hike. This reading is not surprising in itself: since the September meeting, core PCE inflation has eased to 3.0% year over year, September nonfarm payrolls increased by just 29k, and both employment momentum and inflationary pr

According to QCP Capital, Bitcoin fell below $80,000 over the weekend on Oct 26, with Middle East tensions and ETF capital outflows triggering leveraged long liquidations. Ethereum saw net outflows of $220.7 million in its fourth consecutive week. Data from Glassnode shows that ETF holders and

During the week of October 26, 2026, global markets face two highly concentrated sets of pricing variables. On one side are the FED interest rate decision and the core inflation and growth data that follow; on the other are earnings reports from roughly one-third of S&P 500 constituents. Microsoft, Alphabet, and Amazon—the three tech giants with a combined marketcap of nearly $11 trillion—will put front and center a question that has hung over markets for months: Can AI capital expenditures gene

According to a Reuters poll conducted October 16-20, 94 of 100 economists expect the Federal Reserve to hold rates unchanged at 3.75%-4.00% on October 28, while all 100 respondents forecast a rate increase at the December meeting. Market odds have shifted dramatically, with October hike

Spot gold closed last week near $3,996 an ounce on Friday 23 October, marking its first close below $4,000 since mid-July after a 4 percent weekly decline that Reuters described as the worst week since June, while December futures settled at $4,007.90. Silver finished near $53.97, its lowest level s

Bitcoin is trading in a narrow range without establishing a clear direction as investors await potential catalysts from the US midterm elections on Nov. 3, the Federal Reserve's interest-rate decision on Oct. 28, and earnings reports from major technology companies. Tim Enneking, managing partner at

According to CoinShares, Bitcoin demonstrated relative resilience this week amid broader market volatility, bolstered by improving spot demand and short covering. The market is gradually shifting focus from AI narrative enthusiasm toward corporate earnings delivery. While poor earnings reports

QCP Capital reported on Oct. 23 that rising funding costs for artificial intelligence infrastructure companies are weighing on technology stocks and the broader cryptocurrency market. CoreWeave bond yields surged to 15%, with credit strains spreading across the AI infrastructure sector. CoreWeave

Bank Negara Malaysia and the Bank of Thailand joined the Monetary Authority of Singapore's BLOOM initiative as policy institution members on Oct. 23. The two central banks are joining the cross-border stablecoin payments initiative to lower costs and speed service launches by reducing the need for s