Cryptocurrency27 Oct 2026SEO 801 min read

Analysis: Bitcoin drops below $80,000 as crypto ignores Asian tech rally, Fed meeting beg…

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 meet…

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. Bitcoin slipped back under $80,000, trading near $79,700 and down 0.4% since midnight UTC, while ether fell 0.5%. Crypto missed a rally in Asian tech shares, with South Korea’s Kospi rising 3.1%. The DeFi index dropped 1.8%, the most of any CoinDesk index. The Fed begins a two-day meeting today, with an interest-rate decision due Wed…

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