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Bitcoin drops below $80,000 as crypto ignores Asian tech rally, Fed meeting begins

coindesk
coindesk|Oct 27, 2026 11:33
Bitcoin fell 0.4% to around $79,700 since midnight UTC while Asian tech stocks rallied. The DeFi index dropped 1.8%, and the Fed is set to begin a two-day meeting.
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Oct 27, 13:13A short squeeze is coming.
Oct 27, 13:00Bitcoin falls below $80,000
Oct 27, 12:41BTC has a chance to stabilize and rebound around 80,000.
Oct 27, 12:08BTC fell for the third consecutive week; FOMC and PCE will determine its direction.
Oct 27, 12:03The largest buyer of BTC suddenly stopped buying.
Oct 27, 12:02$Q and BULLA price trend analysis
Oct 27, 12:01xStocks' on-chain asset management scale grew by 19.1%.
Oct 27, 11:56BTC fell for the third consecutive week; FOMC and PCE will determine its direction.
Oct 27, 11:53Polymarket's probability of BTC hitting $82,500 in the remainder of October has dropped to 36%.
Oct 27, 11:46BTC Evening Market Analysis and Short-Term Outlook

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