Bitcoin Price Hovers Near $80,000 as Traders Await Fed Decision

Bitcoin price hovers near $80,000 as traders wait on this week’s Fed decision, with geopolitical tensions and Anthropic’s possible IPO adding to the uncertainty. Bitcoin was little changed near $80,400 since midnight UTC while the DeFi index was the only index to gain, with the Fed due to decide on Wednesday.

Key takeaways

• Bitcoin holds near $80,000 as oil retreats and the Fed decision looms
• Bitcoin Dips Back Below $80,000 While AI Trade Faces Scrutiny
• Crypto longs lose $404 million in four hours as bitcoin briefly slips below $80,000
• Bitcoin Dips Below $80,000 Ahead of Fed Decision, Midterms
• Cryptocurrency Stocks Slide as Bitcoin Hovers Near $80,000: Riot, Strategy and MARA Drop 4%

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