Bitcoin price recovers above $80,000 on ETF inflows and 14,942 BTC leaving exchanges ahead of Fed decision.
Bitcoin rose over 1% in the past 24 hours, trading near $80,800 with about $23.5 billion in volume and a market cap above $1.62 trillion.
On Oct 26‑27, spot Bitcoin ETFs attracted roughly $110.3 million after two days of heavy outflows totaling $773.5 million; a net inflow of $24.5 million on Oct 27 indicated uneven institutional demand.
Santiment reported a net outflow of 14,942 BTC, the largest in five weeks, which may ease immediate selling pressure ahead of the Fed’s rate decision on Oct 28.
Despite the rebound, Bitcoin remains below the $81,400 three‑day closing level and the $82,000‑$82,500 range; the RSI at 45.5 suggests buying momentum is still weak.
Summary rewritten by AI from the original article by crypto.news.
BTC price around the news
Dashed line: news time ($80,912.34) Now: $81,138.61 +0.28%
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Also reported by
- Bitcoin nears $81,000 ahead of Fed decision as ZEC jumps 8% CoinDesk · 4h ago
- Bitcoin price rests near $80,500 ahead of Fed decision and US midterms Bitcoin Magazine · 12h ago
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