Bitcoin slips below $80K as risk-off sentiment weighs on crypto
- —BTC at $79,798, down 0.37% over 24 hours
- —ETH, XRP and SOL also trade lower
- —Selloff in AI stocks fuels risk-off sentiment
- —Market focus on Fed meeting and US midterms
Why it matters: Bitcoin is trading as a risk asset, so pressure is likely to persist until the Fed decision and midterm elections clarify the macro backdrop.
Source: Bloomingbit