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Bitcoin dips below $80K as traders brace for Fed meeting and AI sector sell-off.

Market News
26 Oct 2026
Coindesk
View Source
Bearish
Bitcoin dips below $80K as traders brace for Fed meeting and AI sector sell-off.

Bitcoin fell nearly 2% to around $79,800 as traders reduced risk ahead of the Federal Reserve's upcoming meeting, where a possible December rate hike is anticipated. Major cryptocurrencies like Ether and XRP also declined amid a broader sell-off in Asian tech stocks, driven by concerns over AI sector performance and a downgrade of South Korea's Kospi index by Goldman Sachs. Investors are closely watching Fed Chair Kevin Warsh's comments for clues on future interest rate moves, which could tighten liquidity and pressure both crypto and stock markets. Bitcoin needs to reclaim $82,500 to restore buyer confidence after recent losses.

As of Oct 26, 2026 11:51 WIB, Bitcoin trades at Rp1.445.178.183 on Pluang, down 1.11% over the past day, showing a smaller decline compared to XRP's 1.92% drop to Rp23.193. Binance Coin (BNB) also fell by 0.81% to Rp13.369.157. Despite Bitcoin's recent slip under $80,000 noted in the news, it remains the dominant asset by market cap at Rp29.131,36T, contrasting with XRP's Rp1.467,67T and BNB's Rp1.765,5T market caps.

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