{"id":659479,"date":"2026-10-28T10:28:16","date_gmt":"2026-10-28T10:28:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/659479\/"},"modified":"2026-10-28T10:28:16","modified_gmt":"2026-10-28T10:28:16","slug":"bitcoin-edges-higher-ahead-of-fed-decision","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/659479\/","title":{"rendered":"Bitcoin Edges Higher Ahead of Fed Decision"},"content":{"rendered":"<p class=\"mdc-article-paragraph\" data-v-cd4448e2=\"\">\n  By Joseph Wilkins <\/p>\n<p class=\"mdc-article-paragraph\" data-v-cd4448e2=\"\">\n  Bitcoin edged higher on Wednesday as investors stayed cautious ahead of the Federal Reserve&#8217;s interest-rate decision. <\/p>\n<p class=\"mdc-article-paragraph\" data-v-cd4448e2=\"\">\n  The flagship cryptocurrency was 0.1% higher at $80,799, after recovered above the $80,000 threshold during the previous session. Equities rebounded this week as optimism around artificial intelligence returned to markets, and bitcoin eventually caught up. <\/p>\n<p class=\"mdc-article-paragraph\" data-v-cd4448e2=\"\">\n  With the Fed tipped to hold, investors will look for signaling on when the next rate hike might come as oil prices and inflation stay elevated. <\/p>\n<p class=\"mdc-article-paragraph\" data-v-cd4448e2=\"\">\n  Markets expect one rate increase before year-end and further tightening in 2027, according to the CME Fedwatch tool. &#8220;That outlook has supported the U.S. dollar and provided a floor for Treasury yields, creating a less favorable backdrop for bitcoin,&#8221; said Van Ha Trinh, markets strategist at CFD trading platform Exness. <\/p>\n<p class=\"mdc-article-paragraph\" data-v-cd4448e2=\"\">\n  Renewed optimism around artificial intelligence has improved broader risk sentiment, but momentum has so far failed to translate into meaningful demand for the cryptocurrency, he added. <\/p>\n<p class=\"mdc-article-paragraph\" data-v-cd4448e2=\"\">\n  Ether was 0.1% higher at $2,349.77. <\/p>\n<p class=\"mdc-article-paragraph\" data-v-cd4448e2=\"\">\n  Write to Joseph Wilkins at joseph.wilkins@wsj.com <\/p>\n<p class=\"mdc-article-paragraph\" data-v-cd4448e2=\"\">\n  (END) Dow Jones Newswires<\/p>\n<p class=\"mdc-article-paragraph\" data-v-cd4448e2=\"\">\n  October 28, 2026 03:13 ET (07:13 GMT)<\/p>\n<p>Copyright (c) 2026 Dow Jones &amp; Company, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"By Joseph Wilkins Bitcoin edged higher on Wednesday as investors stayed cautious ahead of the Federal Reserve&#8217;s interest-rate&hellip;\n","protected":false},"author":2,"featured_media":659480,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,85,46],"class_list":["post-659479","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/659479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=659479"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/659479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/659480"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=659479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=659479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=659479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}