Bitcoin Slips Under $80,000 as Traders De-Risk Ahead of Fed Meeting
- Bitcoin retreated below $80,000 on Monday, October 26, 2026, falling to under $79,300 in afternoon Asia trading as broader risk-off sentiment ahead of a Federal Reserve meeting weighed on cryptocurrencies.
- Concerns over the artificial intelligence trade and high oil prices drove the selloff, prompting investors to pull $772.4 million from US-listed spot Bitcoin ETFs on Thursday and Friday—a sharp reversal from earlier inflows.
- Smaller tokens followed the trend, with Ether dropping nearly 3% to just above $2,300, while XRP lost about 3% to $1.28 and Solana slid 2% to barely hold $100.
- Traders are now focused on Wednesday's Federal Reserve policy decision, with rate futures pricing a 90.6% chance that policymakers under Fed Chair Kevin Warsh will hold the current range this week.
- Beyond the Fed, US GDP and PCE inflation figures are due Thursday, October 29, 2026, while roughly $11 billion in Bitcoin options expire on Friday, adding pressure points for volatile trading ahead.
46 Articles
46 Articles
Bitcoin Analysis: BTC Is Falling on Doubts About AI Spending. Is It Trading Like a Tech Stock Now?
Bitcoin just dropped below $80,000 on the same day AI stocks tanked, and the timing may not be a coincidence. Whether this signals a lasting shift in how the world's top cryptocurrency trades could change everything about how investors need to treat it.
Bitcoin operates in a slight fall on Monday (26), close to US$ 80 thousand, after falling to US$ 79,2 thousand on the weekend. The fall occurred amidst tensions in the Middle East and was enlarged by the forced closure of leveraged positions. This morning, the oil fall brought some relief, although the market remains cautious before the Federal Reserve (Fed) interest decision on Wednesday. At around 10.50 a.m., bitcoin fell 0.3% in 24 hours, to …
Bitcoin Faces Another Drop as $80M in Buy Orders Cluster at $78K–$79K
Bitcoin faces more downside pressure as buyers struggle to stop the ongoing price decline. Analyst Ted Pillows identified $78,000–$79,000 as the next key support zone, citing more than $80 million in buy orders clustered within that range.Visit Website
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