Bitcoin and XRP Dip Amidst Fed's Rate Hold Decision
Bitcoin and XRP face downward pressure after the Federal Reserve's decision to maintain interest rates.
Bitcoin and XRP face downward pressure after the Federal Reserve's decision to maintain interest rates. Bitcoin (BTC) is trading at $80,132.00, up 0.4% since this brief published. This is an original TLT brief synthesising 3 outlets (CaptainAltcoin, CryptoSlate, Bitcoin Sistemi), plus live market data, as of Thu, 29 Oct 2026 10:00:04 UTC.
The Federal Reserve's decision to keep interest rates unchanged continues to influence crypto market dynamics, with Bitcoin and XRP experiencing notable price movements.
- Bitcoin briefly touched $81,000 before retreating to $79,826.
- XRP struggles near $1.29 after rejection at $1.33-$1.34 resistance.
- Fed's rate hold impacts broader crypto market sentiment.
CaptainAltcoin reports that Bitcoin and XRP are under pressure following the Federal Reserve's decision to maintain interest rates at 3.75%-4.00%. Bitcoin briefly surpassed $81,000 before falling back to around $80,000, while XRP remains near $1.29 after failing to break through the $1.33-$1.34 resistance level. The broader crypto market is also experiencing a downturn, with the total market cap at $2.74 trillion.
- XRP Struggles to Hold $1.30 Amidst Declining Futures Market Momentum
- Crypto Markets Await Federal Reserve's October Interest Rate Decision
- Bitcoin and XRP Dip Amidst Fed's Rate Hold Decision — this brief
Bitcoin and 
XRP are experiencing downward pressure after the Federal Reserve's decision to keep interest rates unchanged at 3.75%-4.00%.
Bitcoin briefly pushed above $81,000 following the FOMC decision but has since retreated to $79,826, marking a 1.46% drop in the past 24 hours.
XRP, after another rejection from the $1.33-$1.34 resistance area, is now trading near $1.29, reflecting a 2.93% decrease in the last 24 hours.
The broader crypto market is also feeling the impact, with the total market cap down to $2.74 trillion and the Fear & Greed Index at 51, indicating a neutral sentiment.
The Fed's decision continues to influence market dynamics, with investors closely watching for any shifts in monetary policy that could affect crypto prices.
Since this brief published about 4 hours ago, Bitcoin (BTC) has moved from $79,826.00 to $80,132.00 — +0.38%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Another Fed rate hike in 2026?
Crowd-implied probability on Polymarket, $115.35K 24h volume, resolves Dec 10 — snapshotted when this brief published (Oct 29 08:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦110.86M (about $80,132.00), down 1.6% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Bitcoin and XRP Dip Amidst Fed's Rate Hold Decision — questions & answers
Why did Bitcoin and XRP prices drop?
The drop follows the Federal Reserve's decision to maintain interest rates, impacting market sentiment.
What is the current price of Bitcoin and XRP?
Bitcoin is at $79,826 and XRP is at $1.29.
How did the Fed's decision affect the broader crypto market?
The total crypto market cap fell to $2.74 trillion, reflecting broader market uncertainty.
How much is 1 Bitcoin worth in naira today?
About ₦110.86M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $80,132.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.38% since this brief first published — trading at $80,132.00 now versus $79,826.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CaptainAltcoin, CryptoSlate, Bitcoin Sistemi, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.