Bitcoin Price
In short
Bitcoin is currently struggling to hold the low $80,000s, having recently fallen below the $80,000 mark as of 28 October 2026.
What is happening
The price has faced pressure from a technology selloff and a hawkish Federal Reserve stance, leading to $356 million in liquidations. Despite a $6 billion Treasury buyback, the asset has not seen a significant rally.
When
The price fell below $80,000 on 28 October 2026.
Why it matters
Bitcoin's price movements reflect broader macroeconomic trends and investor sentiment regarding interest rates. Analysts are currently debating whether the recent dip represents a cycle low.
Easy to mix up
Do not confuse the Bitcoin price with the projected value of the combined gold and Bitcoin market, which some analysts believe could hit $109.8 trillion by 2036.