Markets· ★★★· neutral·

Bitcoin rebounds from $79.4K to hold near $80.5K ahead of Fed decision

  • —BTC bounced from a $79,400 low and trades near $80,500
  • —The $80,000 level held on thin volume before the FOMC meeting
  • —Crypto lobby has spent $176 million on the US midterms
  • —Strategy slowed BTC purchases, redirecting funds to preferred buybacks
Why it matters: The Fed's tone and election results will decide whether BTC holds above $80,000 or slides into a deeper correction.
Source: CriptoTendencias