🚨 CRYPTO MARKET UNDER PRESSURE!

The cryptocurrency market is facing renewed selling pressure as Bitcoin falls below $80,000 and investors assess the latest Federal Reserve decision.

📉 LAST 24-HOUR MARKET PERFORMANCE
₿ Bitcoin $BTC : Around $79,700–$79,800, down approximately 1.2–1.6%.
♦️ Ethereum $ETH Around $2,300, down approximately 1.8–2.4%.
🟡 $BNB : Around $745–$750, showing relative strength.
☀️ Solana (SOL): Around $99–$100, under selling pressure.
💧 XRP: Around $1.29, declining alongside the broader market.

Prices and percentage changes vary by exchange and update
🌍 MAJOR ONGOING EVENTS
1️⃣ Federal Reserve Decision: The Fed kept interest rates unchanged on October 28. Its outlook on inflation and future policy continues to influence risk assets.

2️⃣ Bitcoin ETF Flows: Institutional investment flows remain an important indicator of Bitcoin demand, although inflows do not guarantee a price recovery.

3️⃣ Market Liquidations: Leveraged positions are being liquidated as prices fluctuate, increasing short-term volatility.

4️⃣ Stablecoin Adoption: Visa reported annualized stablecoin settlement volume exceeding $25 billion, highlighting the continued expansion of blockchain-based payments.

5️⃣ Crypto Regulation: Regulatory developments remain important, including Binance's reported licensing activity in Brazil and changes affecting local crypto services.

6️⃣ Altcoin Performance: BNB has shown relative resilience, while ETH, SOL, and XRP have faced broader market pressure.

• BTC: Can buyers defend the $78,000–$79,000 area?
• ETH: Watch whether the price stabilizes around $2,300.
• BNB: Monitor whether relative strength continues.
• ETF flows: Look for evidence of sustained institutional demand.
• Macroeconomics: Watch upcoming inflation data and Federal Reserve communications.
• Trading volume: Check whether any rebound is supported by stronger spot-market demand

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