Bitcoin fell below $80,000 in Asian trading as investors awaited the Federal Reserve's Oct. 27-28 meeting for signals on a potential rate hike in December. At 06:30 UTC, Bitcoin traded around $79,949, down 0.8%, while Ether dropped 1.5% to $2,313. Market watchers expect the Fed to hold rates steady this week but focus on whether the Fed chair hints at tightening in December amid inflation, high oil prices, and geopolitical tensions. The Fed's upcoming meetings and economic projections will be key for crypto and stock market liquidity.
Bitcoin price movements provide context for readers. As of Oct 26, 2026 12:51 WIB, 11 of 50 major cryptocurrencies on Pluang rose, while 38 fell. Notable movers include UNI at Rp125.835 (+2.40%, 89% buy activity), KSM at Rp68.314 (-2.21%, 100% buy activity), and CRV at Rp6.190 (-2.13%, 53% sell activity).
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Bitcoin fell to around $79,332 overnight and is trading near $79,978, slipping below the $80,000 mark for the first time since mid-September. This decline comes amid thin market liquidity and ahead of the U.S. Federal Reserve's rate decision schedule...
