Bitcoin near $80,841 after 1.12% one-day gain
Bitcoin traded at $80,841.00 and rose 1.12% over 24 hours, with a five-session change of -4.82% as tracked in MarketAlleys Crypto data.
Price action
Bitcoin was priced at $80,841.00 as of Oct 28, 01:59 UTC and rose 1.12% over 24 hours, according to CoinGecko. Its five-session change was -4.82%. The market entry was listed as not stale.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Bitcoin | $80,841.00 | -4.82% | +1.12% | Oct 28, 01:59 UTC | CoinGecko |
Trend and momentum
Trend indicators list Bitcoin's status as neutral with RSI(14) 41.5. The last close was 80029.43, below the 50-day moving average of 81805.57 and above the long moving average of 72989.95.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| Bitcoin | 80,029.43 | 81,805.57 | 72,989.95 | 41.5 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 27, 22:41 UTC); it is not a recommendation.
News flow
CoinDesk reported that bitcoin miners' move into AI is creating a new market for trading computing power. CoinDesk also said bitcoin shows signs of weakness while Ripple's bank win failed to bolster XRP, and ran live updates noting bitcoin held below $80,000 and a report headlined that bitcoin drops below $80,000.
- Bitcoin miners' move into AI is creating a new market for trading computing power — CoinDesk, Oct 27, 13:13 UTC
- Bitcoin shows signs of weakness while Ripple's bank win fails to bolster XRP — CoinDesk, Oct 27, 12:00 UTC
- Live updates: Bitcoin holds below $80,000 as AI buildout draws investor attention and capital — CoinDesk, Oct 27, 11:40 UTC
- Bitcoin drops below $80,000 as crypto ignores Asian tech rally, Fed meeting begins — CoinDesk, Oct 27, 11:32 UTC
- Investor who called for AI pivot in 2023 says bitcoin is going to $57,000 — CoinDesk, Oct 27, 10:57 UTC
Across crypto
Over 24 hours, bitcoin rose 1.12% while ether rose 1.39%, solana rose 1.11% and XRP rose 2.86%. Among the tracked cryptos, XRP recorded the largest one-day percentage increase; ether's one-day gain was modestly larger than bitcoin's, and solana's move closely matched bitcoin's.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| Nasdaq 100 (via QQQ ETF) | $721.25 | +1.27% | vs prior close | Oct 27, 20:00 UTC | Finnhub |
| Ether | $2,351.64 | +1.39% | 24h | Oct 28, 01:59 UTC | CoinGecko |
| Solana | $101.56 | +1.11% | 24h | Oct 28, 01:59 UTC | CoinGecko |
| XRP | $1.3400 | +2.86% | 24h | Oct 28, 01:59 UTC | CoinGecko |
| US Dollar Index (via UUP ETF) | $29.12 | +0.38% | vs prior close | Oct 27, 20:00 UTC | Finnhub |
Sources and data
- CoinDesk (secondary source) — Bitcoin miners' move into AI is creating a new market for trading computing power
- Finnhub (market data) — market data
- CoinGecko (market data) — market data
Market data as of Oct 28, 01:59 UTC; report generated Oct 28, 02:00 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Relative Strength Index (RSI)
A momentum oscillator, developed by J.
Moving average
The average price over a rolling window, plotted to smooth out noise.
MACD
A trend and momentum indicator calculated as the 12-period exponential moving average minus the 26-period EMA, plotted with a 9-period EMA of that difference as the signal line.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Sources & data
- CoinDesk (secondary, retrieved Oct 28, 2026, 02:01 AM UTC)
- Finnhub (market-data, retrieved Oct 28, 2026, 02:01 AM UTC)
- CoinGecko (market-data, retrieved Oct 28, 2026, 02:01 AM UTC)
Market data as of Oct 28, 2026, 01:59 AM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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