Bitcoin holds near $80,000 as oil retreats and the Fed decision looms
Bitcoin prices remain stable near $80,000 as investors monitor Federal Reserve interest rate decisions and geopolitical tensions affecting oil prices. The market is also reacting to significant outflows from spot bitcoin ETFs and broader volatility in AI-related tech stocks.
Why it matters
This provides a snapshot of how macroeconomic factors like Fed policy and global conflict intersect with crypto market sentiment and AI sector performance.
S&P 500 index futures rose around 0.3% after Friday’s selloff in U.S. stocks, while oil retreated, with U.S. crude falling around 2% to near $101 a barrel and Brent slipping to around $110 as Qatari mediators arrived in Tehran on Sunday and President Donald Trump said there would be no strike that day, though he kept the option open.
The Fed, which raised interest rates in September, decides again on Wednesday. The CME’s FedWatch tool shows a 90% chance of no change and around an 80% chance of another increase in December. Spot bitcoin ETF flows are also in focus after $138 million of outflows on Friday, taking the two-day exit to $772 million, according to data from Farside Investors .
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