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The Fed kept rates unchanged in a 10-2 vote, with Cook and Hammack wanting a hike as inflation picks up again. A possible December increase makes borrowing costlier for longer, which tends to cool demand for Bitcoin.

Spot Bitcoin ETFs lost $635.6 million in one day, their worst of the month, pushing October to about $176 million in net outflows. Steady ETF selling takes away one of the main sources of daily buying.

Strive made its largest Bitcoin purchase ever, spending $511 million and lifting its holdings to about 43,000 BTC. Big company buyers soak up coins from the market and show some firms still want Bitcoin near $80,000.
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See money entering and leaving Bitcoin funds.
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