Bitcoin and XRP Dip Amidst Fed's Rate Hold Decision
Bitcoin and XRP prices face downward pressure following the Federal Reserve's decision to maintain interest rates.
Bitcoin and XRP prices face downward pressure following the Federal Reserve's decision to maintain interest rates. Bitcoin (BTC) is trading at ₹76,21,405 ($79,976.00), up 0.2% since this brief published. This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Thu, 29 Oct 2026 09:00:01 UTC.
The Federal Reserve's decision on interest rates directly impacts crypto market sentiment, influencing trading behavior and asset valuations.
- Bitcoin briefly touched $81,000 before retreating to $79,826.
- XRP struggles near $1.29 after failing to break $1.33-$1.34 resistance.
- Fed's rate hold at 3.75%-4.00% contributes to crypto market uncertainty.
- Altcoins Surge as Bitcoin Stabilizes Amidst Fed Rate Uncertainty
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- Federal Reserve Decision Looms Over Crypto Markets Amidst Rate-Hold Expectations
- MemeToro AI Coin Launches Amid Fed Rate Decision and Market Volatility
- Bitcoin and XRP Dip Amidst Fed's Rate Hold Decision — this brief
Bitcoin and 
XRP prices are under pressure following the Federal Reserve's decision to maintain interest rates at 3.75%-4.00%.
Bitcoin briefly surged above $81,000 after the FOMC announcement but has since retraced to $79,826, reflecting a 1.46% decline over the past 24 hours.
XRP, after another rejection at the $1.33-$1.34 resistance zone, is now trading near $1.29, marking a 2.93% drop in the last day.
The broader crypto market is also experiencing a downturn, with the total market cap decreasing to $2.74 trillion.
The current market sentiment, as indicated by the Fear & Greed index at 51 (Neutral), suggests a cautious approach among investors amidst the Fed's decision.
Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from ₹76,07,110.47$79,826.00 to ₹76,21,404.89$79,976.00 — +0.19%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Another Fed rate hike in 2026?
Crowd-implied probability on Polymarket, ₹10.99M 24h volume, resolves Dec 10 — snapshotted when this brief published (Oct 29 08:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.04M (about $79,976.00), down 1.8% over 24 hours. The rupee itself trades about 5.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Bitcoin and XRP Dip Amidst Fed's Rate Hold Decision — questions & answers
Why did Bitcoin and XRP prices drop?
The drop follows the Federal Reserve's decision to maintain interest rates, causing uncertainty in the crypto market.
What is the current trading price of Bitcoin and XRP?
Bitcoin is at $79,826 and XRP is at $1.29.
How did the Fed's decision impact the broader crypto market?
The total crypto market cap has fallen to $2.74 trillion, indicating a market-wide downturn.
How much is 1 Bitcoin worth in rupee today?
About ₹8.04M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $79,976.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.19% since this brief first published — trading at ₹76,21,405 ($79,976.00) now versus ₹76,07,110 ($79,826.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CaptainAltcoin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.