Bitcoin, Ethereum, XRP, Dogecoin Dip as Investors Await Kevin Warsh's Interest Rate Moves: Analyst Sees 'Interesting Week' Ahead for BTC

Leading cryptocurrencies declined overnight on Sunday as investors assessed the likelihood of interest rate cuts and geopolitical developments.

Cryptocurrency	24-Hour Gains +/-	Price (Recorded at 9:27 p.m. EDT)
Bitcoin (CRYPTO: BTC)	-1.0%	$80,082.97
Ethereum (CRYPTO: ETH)	-1.4%	$2,327.61
XRP (CRYPTO: XRP)	-0.30%	$1.30
Solana (CRYPTO: SOL)	-0.90%	$101.34
Dogecoin (CRYPTO: DOGE)	-0.90%	$0.077

The Late Sunday Dip

Bitcoin dropped below $80,000 and Ethereum hovered in the low $2,300s as the cryptocurrency market waited for fresh momentum.

Roughly $120 million in positions were liquidated in the cryptocurrency market over the past 24 hours, of which $82 million came from long positions, according to Coinglass data.

Bitcoin’s open interest fell 1.29% over the last 24 hours and down 4% over the last month. Retail and whale derivatives traders on Binance were bullish on Bitcoin, with Long/Short ratios of over 1.

“Neutral” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Top Gainers (24 Hours) 

Cryptocurrency	Gains +/-	Price (Recorded at 9:27 p.m. EDT)
Pyth Network (PYTH)	+6.10%	$0.0753
Ethena (ENA)	+5.40%	$0.2062
Rain (RAIN)	+5.00%	$0.008632

Big Decision on Interest Rates Ahead

Stock futures traded mixed Sunday overnight. The Dow Jones Industrial Average Futures rose 37 points, or 0.07%, as of 9 p.m. EDT.  Futures tied to the S&P 500 gained 0.04%, while Nasdaq 100 Futures dipped 0.05%.

Traders are awaiting the Federal Reserve’s decision on Wednesday. The CME FedWatch tool indicates a 90.6% chance that the Kevin Warsh-led central bank will leave the rates unchanged at the current 3.75% to 4% target range.

The market remained on edge after reports suggested that the U.S. is planning a major strike on Iran once the midterm elections end.

‘Interesting Week Coming Up’

Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, discussed Bitcoin’s recent liquidity sweep on the daily chart and warned of further correction if the cryptocurrency fails to form a higher high.

Van De Poppe warned that another sweep could drag Bitcoin below $75,000, potentially erasing the current uptrend.

“Interesting week coming up,” the analyst remarked.

The #Bitcoin sweep did happen, and I really want to see a higher high being made.

If that doesn't happen, we'll sweep the low again (although we've seen a relatively strong bounce up from there).

The worry: if that sweep comes, there's nothing stopping it from wicking <$75,000… pic.twitter.com/M08vaMw91C

— Michaël van de Poppe (@CryptoMichNL) October 25, 2026

Van De Poppe also weighed in on Ethereum, highlighting potential for a rebound if a higher low forms and price breaks above $2,370.

“If there’s no sign of buying pressure, the second level is one to monitor, which is around $2,200. That must hold,” he added.

First level was hit on $ETH.

If there's a higher low created (similar to #Bitcoin) and it could break above $2,370, we might be in for some period of reversal.

If there's no sign of buying pressure, second level is one to monitor, which is around $2,200.

That must hold. pic.twitter.com/2qFbCnNvA9

— Michaël van de Poppe (@CryptoMichNL) October 25, 2026

Photo Courtesy: Phongphan via Shutterstock.com