By Isaac • October 17, 2026 7:19 am •
Bitcoin is holding the line above $80,000 as traders pull back from fears that the Federal Reserve is preparing another near-term rate hike.
The world’s largest cryptocurrency traded near $82,000 around Friday’s Wall Street open after buyers defended the $80,000 area. That rebound came alongside a partial recovery in Asian technology stocks and a sharp repricing of October rate expectations.
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According to Cointelegraph, South Korea’s KOSPI rose 2% Friday after a punishing sell-off, though the index was still down 8.3% for the week. U.S. stocks were mixed, but the relative calm was enough to take some immediate pressure off Bitcoin.
The report said BTC/USD held most of the ground reclaimed after Thursday’s bounce at $80,000. At
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