Bitcoin trades near $79,000 as Fed rate uncertainty, selling pressure weigh on crypto markets
Investors pulled $772.4 million from spot bitcoin ETFs as traders cut risk and positioned for the Federal Reserve’s policy call.
- Blockchain analytics firm Glassnode flagged $85,000 as a critical resistance level for Bitcoin, identifying four million BTC held by long-term investors as potential sell pressure if price recovers.
- Long-Term holders, defined as entities holding BTC without selling for at least 155 days, acquired their supply between $85,000 and $118,000, mostly in 2025. Many accumulated holdings above current price levels.
- The LTH spent output profit ratio, or SOPR, currently sits at 0.99, signaling that long-term holders are moving supply at an aggregate loss. Values below 1 confirm underwater positions.
- Bitcoin has respected the $84,000-$85,000 range as support and resistance over 11 months, with upside momentum fading near $87,400 in May, September, and October. The band remains structurally significant.
- Glassnode analysis links 864,520 BTC—representing 4.3% of total supply—to Bitcoin's difficulty sustaining daily closes above $85,000. This concentrated onchain volume underscores the resistance hurdle's structural importance.
117 Articles
117 Articles
Bitcoin falls below $80,000 despite ETF inflows as Fed’s hawkish stance fuels caution
Crypto analysts suggest investors use staggered entries, keep position sizes measured and monitor Bitcoin’s support levels, ETF flows, and upcoming US economic data before increasing exposure.
The Economic Times
Times of IndiaBitcoin trades near $79,000 as Fed rate uncertainty, selling pressure weigh on crypto markets
Bitcoin slipped near $79,000 as investors awaited the Federal Reserves policy decision. ETF outflows, macroeconomic uncertainty and selling pressure weakened sentiment, while traders monitored $78,000 support, inflation data and institutional demand for potential market direction.
The updated value of Bitcoin and the comparison with the previous day.The keys to understanding the volatility of the main cryptocurrency in the market.
Bitcoin Holds Near $79,700 As AI Sector Rout Spills Into Crypto Markets: (NASDAQ: BMNR), (NYSE: ASST), (NASDAQ: MSTR) React
Bitcoin (BTC) was struggling to stay above $80,000 on Monday, trading at approximately $79,700 and on pace to close at its weakest level since mid-September. The roughly 0.8% decline over the preceding 24 hours followed a weekend selloff, placing digital assets squarely in the crosshairs of broader market turbulence driven by mounting anxiety over artificial […]
The Fed decides on the US central rate. While the markets expect a pause in interest rates, analysts warn of further increases. Bitcoin threatens new pressure.
Bitcoin operates in a slight fall on Monday (26), close to US$ 80 thousand, after falling to US$ 79,2 thousand on the weekend. The fall occurred amidst tensions in the Middle East and was enlarged by the forced closure of leveraged positions. This morning, the oil fall brought some relief, although the market remains cautious before the Federal Reserve (Fed) interest decision on Wednesday. At around 10.50 a.m., bitcoin fell 0.3% in 24 hours, to …
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