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via financefeeds.comMarkets

Bitcoin below $80K ahead of Fed day and $12B options expiry

FROM THE WIRE · FINANCEFEEDS.COM

Bitcoin trades near $79,950 ahead of the Fed decision on October 28 and Deribit expiry on October 30, with max pain near $78,000 and ETF outflows mounting.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishBitcoin is under pressure ahead of the Fed decision, large options expiry and mounting ETF outflows.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bitcoin trades near $79,950.
  2. 02The Fed decision is due October 28 and the Deribit expiry October 30.
  3. 03Max pain is near $78,000 and ETF outflows are mounting.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
BitcoinBTCUSDCrypto80,241.96 USD-0.27%today +0.27%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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