Bitcoin traded close to $82,000 around the Wall Street open on Friday, October 16, 2026, as reported by Cointelegraph. On Thursday the price had dropped to $80,000 and bounced from that level. TradingView data cited in the report shows BTC/USD still holding most of the ground it won back.
According to the headline, the Fed's Warsh avoided any hints of a rate hike. Over the same period, traders lowered their expectations that the Federal Reserve will raise interest rates. The report does not quote what Warsh said.
Markets in Asia also played a part. South Korean tech stocks recovered from a sell-off, and crypto markets became steadier along with them. The report does not say whether bitcoin will stay above $80,000.
For anyone who already holds a perpetual position on Bitget, Bybit, MEXC or OKX, this story changes nothing directly. It reports no change to funding rates, trading fees or order-book liquidity on any exchange. The one fact that bears on a position is that the price held above $80,000 and did not break below it.
Source: cointelegraph — Bitcoin price steadies around $82K after Fed’s Warsh avoids rate-hike hints
Price today: Bitcoin