#Bitcoin BTC Price News Today 28-1-2026 - Elliott Wave and technical analysis of #BTC, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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As of January 28, 2026, Bitcoin (BTC) is trading near $89,100, holding steady after earlier volatility saw it swing between $88,204 and $89,361. The market remains rangebound as investors await a key U.S. Federal Reserve policy decision due later today.
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Bitcoin News Today
-Fed Decision Looms: Trading activity is largely sideways today as the market anticipates the results of the first FOMC meeting of 2026. Historical data shows Bitcoin typically experiences heightened volatility and potential pullbacks during FOMC weeks.
-Regulatory Activity: South Dakota lawmakers have revived a push for a state bitcoin reserve with a new bill introduced today, following similar legislative trends seen in other U.S. states throughout late 2025.
-Ethereum Rebound: While Bitcoin remains rangebound, Ethereum (ETH) has outperformed today, rising 1.82% to cross the $3,000 mark.
-Upcoming Catalysts: Traders are closely monitoring the White House Crypto Summit scheduled for this evening, which is expected to provide further clarity on the implementation of the Clarity Act.
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