Bitcoin back above $80K ahead of FOMC and midterms as trading volume drops 11%
- —BTC up 1.1% at $80,648 with 60.0% dominance; ETH up 1.38% at $2,343
- —Trading volume $58.68B, down 11% in 24 hours; Fear & Greed index at 45
- —Open interest rose 8.27% to $347.2B while derivatives volume fell 20%
- —ZEC jumped 6.1% to $1,297; HYPE gained 4.12% to $81.2
Why it matters: The Fed decision on Oct. 28 and the US midterms on Nov. 3 will decide whether BTC clears $81K resistance or slides toward $78.5K.
Source: Blockmedia