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Bitcoin $BTC is trading around $80,390–$80,550 USD today (approximately 2.09 billion VND), moving sideways and facing slight downward pressure in the short term.

Current price and market data

• Bitcoin price: Around $80,393–$80,553 USD.
• Intraday range: Peaked around $81,770–$81,826 USD before cooling off.
• Monthly trend: Bitcoin is at risk of falling about 3.2% in October—the anticipated “Uptober” rally has not materialized as expected.

Key factors affecting the market

• Awaiting the Fed’s decision: The market is cautious, with trading fluctuating ahead of the Federal Reserve’s (Fed) meeting and interest rate announcement.
• Retail investor sentiment: The Santiment platform reports that retail investors continue to leave the market or cut their losses as BTC retreats toward the key $80,000 support level.
• Macro and technical factors: The short-term correlation between Bitcoin and technology/chip stocks remains, while many experts warn that pressure from political events (such as the U.S. midterm elections) could prolong risk aversion
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