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Bitcoin falls below $80,000 as crypto ignores Asian tech rally and Fed meeting begins

Bitcoin falls below $80,000 as crypto ignores Asian tech rally and Fed meeting begins
AI summary

Bitcoin slipped 0.4% to around $79,700 since midnight UTC, dropping below the $80,000 level even as Asian tech stocks rallied. The DeFi index fell 1.8% as the Fed began a two-day meeting. Traders are watching whether crypto can regain the $80,000 handle amid macro uncertainty and weak DeFi performance.

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