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Guilherme Tavares

· Geral

Bitcoin Today (29/10): BTC hovers around US$ 80k after Fed; US$ 11B in options expire this Friday

₿ BITCOIN NOW BTC: ~US$ 80,300 | 24h: approx. -1.8% | 24h High: ~US$ 81,700 | 24h Low: ~US$ 79,800 Pressure day: BTC fell below US$ 80k after the Fed kept rates at 3.75%-4.00% with a hawkish tone and after weak earnings from big techs. In the afternoon, the price was hovering around US$ 80k. 📰 WHAT HAPPENED TODAY 1. BTC loses US$ 80k after Fed and tech earnings The Fed kept rates (10 votes to 2) and signaled inflation still elevated. With weak results from Alphabet and Samsung, BTC fell from US$ 81,700 to ~US$ 79,800, with US$ 356 million liquidated in crypto futures. 💡 Why it matters: higher rates for longer reduce appetite for risk assets like Bitcoin. Source: CoinDesk 2. US$ 11 billion in BTC options expire this Friday About 135k BTC in options expire on Deribit (1/3 of open interest), with "max pain" at US$ 78k and 86% of contracts out of the money. 💡 Why it matters: large expirations tend to amplify short-term volatility. Source: Decrypt 3. Hedge funds exit ETFs and sovereigns enter SEC filings show that nine funds and banks, such as Millennium, Goldman Sachs and D.E. Shaw, sold about 68k BTC in ETFs with the end of the "basis trade". Mubadala, Abu Dhabi Investment Council and Morgan Stanley bought; American ETFs have over US$ 400 million in inflows this week. 💡 Why it matters: the ETF base migrates from arbitrage to long-term buying. Source: Decrypt 🔗 SOURCES CoinDesk: https://www.coindesk.com/markets/2026/10/29/bitcoin-dips-below-usd80-000-as-s… Decrypt: https://decrypt.co/382171/11-billion-bitcoin-options-expire-tomorrow-what-means Decrypt: https://decrypt.co/382135/morning-minute-hedge-funds-left-the-btc-etf-trade-a… Day summary: Hawkish Fed and risk aversion pressured BTC, which is defending US$ 80k with an eye on Friday's options expiration.

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