Bitcoin slips below $80K as markets await ECB and BoJ rate decisions
- —Bids to buy BTC at $80,000 have shrunk to just $3.4 million, per Glassnode
- —Fresh bids now sit at $78,000–79,000, where orders rose to $42 million
- —A daily close below $79,000 could send BTC toward $77,500
- —77% of traders on CoinGape Prediction Markets expect a Fed hike in December
Why it matters: The tone from the ECB and BoJ will decide whether the $79,000 support holds or BTC slides toward $77,000 and below.
Source: CoinGape