Bitcoin fell back below $80,000 today. According to CoinDesk's October 27 morning data: BTC dropped to around $79,700, down 0.4% since UTC midnight; ETH fell 0.5%; and CoinDesk's DeFi index dropped 1.8%, making it the worst-performing sector. Strangely, Asian tech stocks surged the same day, with South Korea's Kospi rising 3.1%, while the crypto market completely failed to keep up. Today the Federal Reserve begins its two-day policy meeting, with the outcome due on Wednesday, and CME FedWatch shows about a 90% chance of no change. The good news is that U.S. spot Bitcoin ETFs saw a net inflow of $110 million on Monday, ending the previous two days of outflows. But before the decision is announced, the market is clearly waiting: is falling below $80,000 just the beginning, or just another fakeout? We'll know on Wednesday. $BTC #美联储 #Bitcoin