Overview:

• Bitcoin holds near USD 79,800 as oil above USD 110 and Fed hike talk keep traders cautious.

• Fed hold odds near 91% keep traders focused on USD 79,000 support and USD 80,800 resistance.

• Hyperliquid and Zcash lead the top coins as Ethereum and TRON trade lower ahead of the Fed decision.

Bitcoin trades near USD 79,769 on October 27 as investors turn cautious before Wednesday's Federal Reserve decision. The largest cryptocurrency has slipped below USD 80,000 again, with USD 79,000 now the level to watch.

Hyperliquid and Zcash lead the top coins with gains near 3%, while Ethereum and TRON slipped 0.4%. Oil above USD 110 and December rate hike talk continue to keep risk appetite measured.

Bitcoin Price Today

Bitcoin trades at USD 79,769.40, down 0.1% in the past 24 hours, according to CoinGecko. Its market capitalization stands near USD 1.60 trillion, while 24-hour volume reached USD 26.80 billion.

Mudrex: Exchange Inflows Stay Contained

Prateek Gupta, Head of Business at Mudrex, said only 19,800 BTC moved to exchanges in 24 hours. Bitcoin is down over 4% this month, but support has now shifted to USD 78,500. Resistance stands at USD 81,000, with the Wednesday FOMC meeting and US midterms as key catalysts.

CoinSwitch: Busy Macro Week Ahead

CoinSwitch Markets Desk said Bitcoin trades near USD 80,000 as investors weigh a busy week of economic events. The Fed meeting, US inflation data and major tech earnings are expected to drive sentiment. Rates are expected to stay at 3.75% to 4%, and USD 80,000 remains key near-term support.

Delta Exchange: Demand Zone in Focus

Riya Sehgal, Research Analyst at Delta Exchange, said Bitcoin is defending the USD 79,000 to USD 80,000 demand zone. A sustained break below USD 79,000 could expose USD 78,000, while a reclaim of USD 82,000 signals stabilization. Ethereum looks weaker with support near USD 2,290 to USD 2,300.

WazirX: Equity Strength Aids Bounce

Nischal Shetty, Founder of WazirX, said improving equity sentiment and Fed pause bets helped Bitcoin reclaim USD 80,000 earlier. Immediate support sits at USD 79,500 to USD 79,800, followed by USD 77,500 to USD 77,700. A sustained move above USD 80,700 would improve the recovery setup.

Also Read: Why Bitcoin and Altcoins May Fall Together During Market Stress

Crypto Prices Today: Top 12 Coins at a Glance

Source: CoinGecko, prices as of today's session.

Biggest Gainers and Losers Today

Hyperliquid led the top coins with a 2.9% gain, followed by Zcash at 2.8% and Figure Heloc at 2.6%. Ethereum and TRON were the weakest large coins at 0.4% each, while Solana lost 0.2%.

Crypto News Today: Top Headlines Impacting Prices

Fed Decision Nears as Rate Hold Looks Likely

Traders price a 90.6% probability that the Federal Reserve leaves rates unchanged when it announces its decision on October 28. Bitcoin keeps consolidating near USD 80,000 as buyers defend the zone between USD 79,400 and USD 79,600.

Resistance sits between USD 80,500 and USD 80,800, where earlier recovery attempts have repeatedly stalled this week. Wall Street offered some support on Monday, with the Nasdaq up 0.83% and the S&P 500 gaining 0.70%.

OCC Approves Ripple National Trust Bank

The US Office of the Comptroller of the Currency has formally approved Ripple National Trust Bank. The bank will support the RLUSD stablecoin and offer institutional custody services for digital assets.

XRP trades at USD 1.30, up 1.5% over 24 hours, and has outperformed Bitcoin and Ethereum. The token ranks fifth by market capitalization at USD 82.16 billion, ahead of USDC and Solana.

Vanguard ETF Buys Metaplanet Shares

Vanguard's small-cap ETF disclosed its first purchase of Metaplanet shares, buying 4.5 million shares worth USD 7.5 million. Bitcoin Treasuries flagged the filing in an X post on October 26, which sparked discussion across the crypto community.

The purchase extends Vanguard's indirect Bitcoin exposure through treasury companies, as the asset manager oversees more than USD 13 trillion. Metaplanet shares still closed 0.75% lower at 263 yen on Monday, showing a muted market reaction.

Franklin Templeton Plans Two Bitcoin ETFs

Franklin Templeton plans to launch two new Bitcoin ETFs that carry dividend reinvestment features for investors. The structure would convert stock dividends into Bitcoin, which adds another product to the growing crypto ETF lineup.

The news arrives as US spot Bitcoin funds face uneven demand, after USD 635.6 million of outflows on October 22. Issuers continue to widen their Bitcoin product lines even as institutional flows remain volatile this month.

Akash Network Proposes Move to Solana

Akash Network proposed migrating from the Cosmos ecosystem to Solana, and the AKT token gained nearly 4% on the day. The proposal would move the decentralized cloud network onto Solana, a larger smart contract ecosystem.

Solana trades at USD 100.03, down 0.2% in 24 hours, with its market capitalization near USD 59.01 billion. Separately, Solana reached a record 1.5 million tokenized equity holders, which have grown fivefold since August.

Investor and Market Outlook

Bitcoin trades near USD 79,769, with support at USD 79,000 and USD 78,000, and resistance near USD 80,800. Wednesday's Fed decision will set direction, so investors should favor staggered entries, modest sizing and low leverage.

Also Read: How to Compare Crypto Assets’ Recoveries from All-Time Highs

FAQs

What is the Bitcoin price today?

Bitcoin trades at USD 79,769.40, down 0.1% over the past 24 hours, per CoinGecko. Its market capitalization stands near USD 1.60 trillion, while 24-hour trading volume reached USD 26.80 billion.

Why did Bitcoin slip below USD 80,000?

Traders are reducing risk before the Fed decision, while oil above USD 110 keeps inflation worries alive. Spot ETF outflows of USD 635.6 million on October 22 also dented demand.

Which coins moved the most today?

Hyperliquid gained 2.9%, Zcash rose 2.8% and Figure Heloc added 2.6% among the top twelve coins. Ethereum and TRON fell 0.4% each, Solana lost 0.2%, and stablecoins held near USD 1.

What should investors watch this week?

Watch Bitcoin support near USD 79,000 and the Fed decision, where markets price a 90.6% chance of unchanged rates. Major technology earnings could add another volatility test for risk assets.