SteelWater daily crypto read · 29 Oct 2026

Bitcoin steadies near $81,000 as the Fed holds rates at 3.75%-4.00% in a hawkish 10-2 vote, with two policymakers pushing for a hike instead of a cut.

Sentiment 52/100 (Neutral)

00%, exactly as markets expected. The real news was the vote: two Fed officials wanted a rate hike instead, a hawkish signal that inflation concerns haven't gone away. Fed Chair Kevin Warsh struck a confident tone, saying last month's rate increase is "working," while keeping a December hike possible.

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