Bitcoin fell below $80,000 during Asian trading on October 26, dropping about 4% since October 22 amid worries over AI company valuations and upcoming Federal Reserve policy decisions. Asian stock markets also declined, with South Korea's Kospi down 1.5% and Japan's Nikkei 225 down 0.8%. Traders are cautious ahead of the Fed's October 27-28 meeting, where a rate hold is widely expected. The price drop brings Bitcoin close to the support level around $80,000, linked to US spot ETFs' cost basis. Upcoming US economic data and significant bitcoin options expirations could influence short-term price swings.
Bitcoin trades at Rp1.453.846.078 on Pluang as of Oct 26, 2026 17:02 WIB, showing a modest 0.46% gain over the past day despite the brief dip below $80,000 noted in the news. The platform sees a strong buying interest with 78% of orders on the buy side and a typical hold time of 112 days. This steady activity contrasts with the article's mention of a recent price drop, highlighting ongoing investor engagement ahead of the Federal Reserve's policy decision.
Akedo (AKE) topped Monday's crypto gainers, rising 7.39% to $0.0310, while most nonstablecoin cryptocurrencies declined. Out of 89 tracked nonstablecoins, 35 advanced and 54 fell, with decliners outnumbering advancers by 19. Other notable gainers inc...
Bitcoin was trading around $79,981 as liquidation maps revealed clusters of leveraged positions just above and below the current price, indicating key resistance and support zones. Concentrations of liquidations were noted between $81,500-$82,000 and...
Bitcoin prices fell below the $80,000 mark twice over the weekend, triggering $34.63 million in liquidations, mostly from long positions. This reflects ongoing bearish pressure with a trend of lower highs and lows, potentially pushing prices toward a...
Bitcoin price fell below $80,000 due to leveraged long liquidations and significant outflows from U.S. spot Bitcoin ETFs totaling about $773.5 million over two days. This decline follows failed attempts to hold gains above $83,000 and comes as invest...
The global cryptocurrency market lost 4.47% of its value within 24 hours, falling to $2.68 trillion as of early October 26. Bitcoin's price declined by 1.01% to $80,098, with trading volume reaching $49.27 billion. Ether experienced the largest drop ...
