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Bitcoin slips under $80,000 as traders de-risk ahead of Fed meeting

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 26/10/2026, 04:40:24 UTC.

Briefings

Bitcoin dropped below $80,000 on October 26, 2026, as global markets reacted negatively to an anticipated Federal Reserve meeting. Major cryptocurrencies like Ether and XRP also suffered significant declines, with Asian markets particularly affected. Goldman Sachs reduced its target for the Kospi index by 25% in response to the AI trade's impact.

Key points

• Bitcoin fell under $80,000 on October 26, 2026, coinciding with a negative reaction to an expected Federal Reserve meeting.
• Goldman Sachs reduced its target for the Kospi index by 25% due to the negative impact of the AI trade on Asian markets.

Context

This event occurred during a period of heightened market volatility as global investors reacted to economic data and policy expectations. The specific reaction of major tech stocks and crypto assets highlights the sensitivity of the market to macroeconomic announcements.

Limitations

Evidence is limited to a single snapshot from October 26, 2026, covering only Bitcoin, Ether, and XRP. Specific details on the exact magnitude of losses for other assets or the precise reasons for Goldman Sachs' target adjustment are not provided.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 26/10/2026, 11:17:11 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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