Bitcoin Falls Below $80,000 as ETF Withdrawals and Fed…
By Karthik Subramanian
AI summary of the source article
Bitcoin fell below $80,000 ahead of the Federal Reserve's interest-rate decision amid broader weakness in technology investments. The drop coincided with $773.5 million in net withdrawals from US-listed spot Bitcoin ETFs across two sessions.
Why it matters
The reversal nevertheless illustrates how quickly demand through regulated investment products can fluctuate.
Key facts
- Bitcoin fell below $79,300 on October 26, 2026, before recovering toward $80,000.
- US spot Bitcoin ETFs recorded combined net withdrawals of $773.5 million across October 22 and October 23.
- BlackRock's IBIT and Fidelity's FBTC led ETF redemptions across both sessions.
Source excerpt · FinanceFeeds
Bitcoin fell below $80,000 during trading on October 26, 2026, as cryptocurrency markets faced renewed selling pressure ahead of the Federal Reserve's interest-rate decision and amid broader weakness in technology-related investments. The world's largest cryptocurrency declined as much as 1.4% during Monday's session, slipping below $79,300 before recovering toward $80,000, according to Bloomberg.…