Bitcoin drops below $80,000, liquidating $356 million in crypto longs

Bitcoin fell below $80,000, according to CoinDesk, with $356 million in crypto long positions liquidated. Other outlets reported Bitcoin hovering near $80,000 as traders awaited a Fed decision.

Timeline

1. 29 Oct, 21:10 UTCFirst appeared on Google Trends
2. 29 Oct, 21:10 UTCCoinDesk reports $356M in long liquidations

Top sources

• btcGoogle Trends
• Could Bitcoin Price Crash Like Silver? Warning Signs Are ShowingBeInCrypto
• Bitcoin Price Hovers Near $80,000 as Traders Await Fed DecisionBitcoin Magazine
• Crypto Market Today, Oct. 29: Bitcoin Slides Below $80K as Big Tech Earnings Uncertainty and Market Volatility IntensifyThe Motley Fool
• Bitcoin long-term resistance in focus as analysis sees selling risk above $85KTradingView