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Bitcoin dips below $80K as crypto lags Asian tech ahead of Fed meeting

Market News
27 Oct 2026, 14:32 WIB
Coindesk
View Source
Bearish
Bitcoin dips below $80K as crypto lags Asian tech ahead of Fed meeting

Bitcoin fell below $80,000, trading near $79,700, down 0.4%, while ether dropped 0.5%. Despite a 3.1% rally in Asian tech stocks, crypto markets, including the DeFi index which fell 1.8%, did not follow. The Federal Reserve begins a two-day meeting with a likely hold on interest rates, which traders are watching for clues on future hikes. Crypto futures volume rose 18%, indicating active trading despite price dips, while options data shows a bias toward downside protection.

As the Federal Reserve meeting begins and crypto prices dip, Bitcoin on Pluang trades at Rp1.445.492.066, down 0.20% as of Oct 27, 2026 18:51 WIB. Market activity shows a strong sell sentiment with 73% of orders selling and a typical hold time of 112 days, indicating cautious investor behavior despite active trading volumes.

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