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MarketPublished by KAS Watch · October 29, 2026

Bitcoin Falls to $80,000 Amid Tech Earnings and Fed Focus

Bitcoin dropped 1.4% to around $80,100 following disappointing earnings reports from Samsung and Alphabet that weighed on broader tech stocks. Markets are now awaiting the release of the Federal Reserve's preferred inflation gauge later today.

Why it matters for the market

Macroeconomic shifts and broader tech market sentiment can influence overall crypto market liquidity. Any observation of correlation remains separate from direct causality on specific assets.

Original source

CoinDesk
Source publication · October 29, 2026 · 1 verified source
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