Bitcoin loses $80,000 level on October 27, 2026

1. BITCOIN SLIPS BELOW THE $80,000 MARK.
CoinMarketCap at 08:15 KST showed BTC at $79,760, down 0.63% over 24 hours; other sources put the range at $79,658-$79,872, with the $80,000 level broken. Upbit's kimchi premium was about 0.36%. Losing the round number reflects caution ahead of the FOMC meeting and short-term profit-taking.

2. ETHEREUM AND SOLANA FACE DEEPER PULLBACKS.
ETH traded at $2,306, down 1.24%, with some sources reporting drops of 1.41-1.42%. Solana fell 1.24-1.69% and XRP declined about 0.75%, while Hyperliquid rose 1.75% and BNB inched up 0.02%. The divergence suggests pockets of speculative demand remain even as the broader tone is defensive.

3. OVERALL MARKET IN NEUTRAL TERRITORY.
Total crypto market cap stood at $2.6744 trillion, with 24-hour volume of $69.21 billion. The Crypto Fear & Greed Index ranged from 43 to 50, staying neutral; Bitcoin dominance was 60.04% (-0.04pp) and Ethereum dominance 10.57% (-0.08pp). These readings show investors are waiting for clearer FOMC signals before committing capital.

4. MACRO AND INSTITUTIONAL FLOW PRESSURE.
Markets are positioned for the FOMC decision on October 27-28, with over 90% odds that rates hold at 3.75-4%; attention is on Fed Chair Kevin Warsh's December signal. US spot Bitcoin ETFs saw approximately $772.4 million in net outflows on October 22-23, and Strategy paused Bitcoin purchases. Middle East tensions and firm oil prices added to the risk-off mood.

5. A RARE BRIGHT SPOT.
On Pluang, 17 of 50 major cryptos rose while 31 fell. Hyperliquid gained 1.75%, the standout move, indicating that some speculative flows remain active even though the broader market lacks momentum.

Key event to watch today: The FOMC decision and Fed Chair Kevin Warsh's comments on the December rate path.

*Information is aggregated for reference only and is not investment advice.*