Bitcoin trades near $79,000 as Fed rate uncertainty, selling pressure weigh on crypto markets

The Economic Times · Surbhi Khanna · 2026-10-27 11:28 UTC

Bitcoin slipped near $79,000 as investors awaited the Federal Reserves policy decision. ETF outflows, macroeconomic uncertainty and selling pressure weakened sentiment, while traders monitored $78,000 support, inflation data and institutional demand for potential market direction.

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