Bitcoin (BTC) Price: Can $80,000 Hold Before Wednesday’s Fed Decision?

TLDR Bitcoin traded near $80,400 on Monday after dipping to about $79,300 during the Asian morning. Arthur Hayes said his Maelstrom fund sold its entire directional book, including 6,400 ether. The Fed decides on rates Wednesday, with a 90% chance of no change, per CME FedWatch. U.S. spot Bitcoin ETFs took in $110 million on October 26, led by BlackRock’s IBIT. Hilbert Group’s Jesse Marre named $75,500 as the key level to watch. Bitcoin steadied near $80,400 on Monday, little changed since midnight UTC. It dipped to around $79,300 during the Asian morning before recovering. Ether fell 0.2%, and the DeFi index was the only CoinDesk index to gain. The tone was set over the weekend.

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