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 scheduled for October 28, which is expected to influence Bitcoin's price direction. The price remains 2.3% below its 50-day moving average, indicating short-term weakness, though the medium-term uptrend remains intact. Investors are advised to consider trading costs and tax implications, especially in Germany, before making moves in this uncertain period.
Bitcoin's recent drop below $80,000 provides context for Pluang's cryptocurrency market snapshot as of Oct 26, 2026 12:51 WIB: among 50 major cryptocurrencies, 38 fell and only 11 rose. Notably, SAND declined 3.47% to Rp863 with 80% sell orders, contrasting with XTZ which fell 2.66% to Rp5,151 but had a majority buy order activity at 54%. COTI also dropped 2.88% to Rp188, showing a near-even split in buy and sell orders.
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