Bitcoin Hit by Pre-Fed Hesitancy -- Market Talk
Dow Jones2026/10/27 10:251025 GMT - Bitcoin falls as investors are reluctant to buy the cryptocurrency as they wait for more clarity before the Federal Reserve's decision Wednesday, IG's Salah-Eddine Bouhmidi says in a note. The Fed could ease this reluctance if it signals a less restrictive monetary policy, he says. "Conversely, a tougher monetary policy tone would increase the risk of further declines." Hence heightened volatility is to be expected around the time of the decision, he says. Bitcoin falls 0.2% to $79,618, according to LSEG. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
October 27, 2026 06:25 ET (10:25 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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