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2026-10-27 11:35:18 UTC

oxhak on Nostr: Bitcoin slipped back below $80,000 on Tuesday, trading near $79,700 and down 0.4% ...

Bitcoin slipped back below $80,000 on Tuesday, trading near $79,700 and down 0.4% since midnight UTC. The move came as Asian technology stocks rallied, including a 3.1% gain for South Korea’s Kospi, but crypto prices failed to follow. Bitcoin derivatives activity increased, with futures volume up 18% to $152 billion over 24 hours, while open interest rose 0.95%. Options positioning showed demand for downside protection, with the most-traded Bitcoin option being a $72,000 put expiring on December 25.

The Federal Reserve began a two-day policy meeting, with its interest-rate decision due Wednesday. CME FedWatch indicated about a 90% probability of no change. U.S. spot Bitcoin ETFs took in $110 million on Monday, ending two consecutive days of outflows. Traders are watching the Fed meeting for signals about whether another rate increase could occur before year-end.

https://www.coindesk.com/markets/2026/10/27/bitcoin-drops-below-usd80-000-as-crypto-ignores-asian-tech-rally-fed-meeting-begins