Bitcoin (BTC) Faces Risk of Drop Below $80K Ahead of FOMC

Bitcoin is entering the final stretch of October under pressure, with the market trying to defend the $80,000 area as investors look ahead to a dense schedule of US macro data and corporate earnings. The month’s performance is already trending negative: BTC is on track to end October down roughly 4% if prices remain near current levels around $80,000. Outside crypto, broader risk sentiment is also being tested. The coming week’s US Federal Reserve decision and oil price moves sit alongside renewed weakness in South Korea’s KOSPI and a slate of major US tech earnings, factors that can quickly change…