Bitcoin at $79,978: what to watch at the lowest level since September

What is established: Bitcoin slipped to $79,332 overnight into Monday and is quoted at $79,978 on Monday morning. According to hourly data from CoinGecko, the price has not been lower in any hour since September 18. Our assessment follows further down: the round number is the smaller part of the story, Wednesday's rate decision the larger one. Against the previous day, Bitcoin is down 1.1 percent, and 3.8 percent over seven days. Market capitalisation stands at $1.61 trillion, with turnover of $17.8 billion over the past 24 hours.