CoinDesk reports that Bitcoin has dropped below $80,000 due to weakness in tech stocks led by Samsung and a hawkish stance from the Federal Reserve. This has prompted a risk-off sentiment across markets, resulting in $356 million in liquidations in crypto futures.

AI-assisted source briefing. Based on the CoinDesk RSS report; not independently verified.

Source published: Thu, 29 Oct 2026 03:32:43 +0000

[Read the original report](https://www.coindesk.com/markets/2026/10/29/bitcoin-dips-below-usd80-000-as-samsung-led-risk-aversion-in-tech-and-a-hawkish-fed-weigh-on-crypto)

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