Bitcoin Retreats to $80K Amid Hawkish Fed Stance and Mixed Tech Earnings
Yahoo Finance ·
On Thursday, October 29, 2026, Bitcoin retreated toward the $80,000 threshold, erasing a brief recovery from the prior session as investors digested a hawkish Federal Reserve meeting and a series of mixed technology earnings from the U.S. and Asia. BTC traded down 0.9% at $80,133.1 by early morning hours. Although the central bank kept interest rates unchanged at 4.0%, two board members favored a 25 basis point hike, and Fed Chair Kevin Warsh emphasized economic resilience while reaffirming a strict commitment to the 2.0% inflation target. Consequently, markets priced in a 79.8% probability of a rate increase in December, up from 73.4% a week prior, pushing the 10-year Treasury yield back above 5%. This macroeconomic backdrop pressured risk-sensitive digital assets, leading to widespread declines across the crypto sector. Ether dropped 1.5% to $2,316.64, XRP fell 2.2%, Solana lost 1.7%, and Cardano declined 3.6%, while BNB managed a 1.3% gain against the broader downturn.
AI 시장 분석
Bitcoin fell to the $80,000 range due to the Federal Reserve's hawkish stance and mixed tech earnings. Risk sentiment shrank significantly as the 10-year Treasury yield exceeded 5% and possibilities of additional rate hikes emerged. Investors should closely monitor the future rate path and tech earnings trends.
상승 영향
- Banks — The Fed's hawkish stance and prospects of prolonged high interest rates are expected to improve loan-to-deposit margins and expand net interest margins, acting positively.
하락 영향
- Bitcoin — The Fed's hawkish stance and 10-year Treasury yields exceeding 5% sharply reduced the investment appeal of risk assets, leading to a drop to the $80,000 range.
- Semiconductors — Mixed performance and sluggish earnings of major tech stocks like Samsung Electronics worsened risk sentiment and increased downward pressure on stock prices.
DYAX 전담 분석
Although the Federal Reserve held rates at 4.0%, some members' calls for hikes and Governor Kevin Warsh's hawkish remarks raised the probability of a 25bp hike in December to 79.8%. Consequently, Treasury yields surged and opportunity costs for risk assets like cryptocurrencies increased, pushing Bitcoin down toward the $80,000 level.
The upcoming bull scenario involves signs of cooling inflation along with a revival of Fed pivot expectations, while the bear scenario consists of sustained high Treasury yields and further weakness in tech stocks. Key indicators to watch include 10-year Treasury yield movements and CME FedWatch rate hike probabilities.
AI가 생성한 분석으로 투자 자문이 아닙니다.
DYAX Investor Sentiment
Bullish (Long) 50% · Bearish (Short) 50%
215 participants
Related News
- US Futures Diverge as Alphabet Plunges and AI Concerns Weigh on Tech Sector
- European Markets Hold Steady Ahead of ECB Rate Decision and US PCE Release
- European Open: Tech Giants Experience Divergent Moves as Microsoft and Oracle Surge While Samsung and ServiceNow Struggle
- Anthropic IPO Nears: 5 Essential Metrics Every Investor Should Examine
- Shell CFO Notes Softening Q4 Refining Margins While Reporting Minor Demand Destruction
- Alphabet Slides 10.6 Percent While Microsoft Gains 4 Percent Post-Earnings
