Bitcoin Reclaims $80,000 as Major Tokens Hold Steady Ahead of Fed Decision

Bitcoin rebounded above $80,000 Tuesday after briefly slipping below the key support level, as investors brace for Wednesday’s crucial FOMC decision. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $80,474 Ethereum (CRYPTO: ETH) $2,342 Solana (CRYPTO: SOL) $100.97 XRP (CRYPTO: XRP) $1.32 Dogecoin (CRYPTO: DOGE) $0.07824 Shiba Inu (CRYPTO: SHIB) $0.0 5 4876 Notable Statistics: Coinglass data shows 63,835 traders were liquidated in the past 24 hours for $133.56 million. SoSoValue data shows net inflows of $110.3 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net outflows of $88.6 million.

In the past 24 hours, top gainers include Bitway, MemeCore and Dash. Notable Developments: Ripple Expands BNY Partnership as XRP Jumps 2% Bitcoin Profit-Taking Cools but Analysts Remain Cautious Ahead of FOMC Bitcoin Could Hit $100,000 or $60,000 by Year-End, Analyst Says Would a Bitcoin Selloff After the Midterms Present a Buying Opportunity? Galaxy Digital Posts $323M Profit as AI Expansion Gains Steam Ripple, Robinhood Partner to Expand RLUSD Use for Institutional Settlement Ripple Expands BNY Partnership as XRP Jumps 2% Trader Notes: Galaxy Digital’s Alex Thorn highlighted in a podcast with Scott Melker that Bitcoin’s bear market ended with the June lows.

Panelists agreed that Bitcoin likely bottomed in June, with one describing any decline below $80,000 as a potential buying opportunity over the next 12—18 months. The panel remained bullish on Bitcoin’s long-term prospects, arguing that institutional adoption, tokenization and AI-driven trading infrastructure continue advancing despite bearish sentiment. On the other hand, near-term volatility and unresolved market structure challenges could complicate the recovery. Bernstein has lowered its outlook for crypto stocks, including Coinbase (NASDAQ: COIN ), Robinhood (NASDAQ: HOOD ) and Circle (NYSE: CRCL ), reflecting uncertainty over the sector’s recovery.

Image: Shutterstock Read Also: Bitcoin Flashes Bullish Signal Against NASDAQ: Is $100,000 in 2026 Possible?