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Bitcoin Briefly Dips Below $80,000 as AI Worries Weigh on Asian Stocks Before the Fed Decides

Bitcoin Briefly Dips Below $80,000 as AI Worries Weigh on Asian Stocks Before the Fed Decides

Photo: Unchained

Bitcoin is down about 4% from Thursday as stocks fall in Seoul and Tokyo and traders look to Wednesday’s rate call under Fed Chair Kevin Warsh. Bitcoin slipped under $80,000 during Asian trading hours on Monday, Oct. 26, and stood at $79,785 at 08:07 UTC. It was back at $80,440 by 09:40 UTC, up about 0.4% over 24 hours, according to CoinGecko data . That leaves it roughly 4% lower than its level at the start of Thursday, Oct. 22, when it was near $84,080.

Source: Unchained

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