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Why Is Crypto Going Down? Bitcoin Tests $80,000 as Ethereum, XRP and Dogecoin Sink to August Lows

Why Is Crypto Going Down? Bitcoin Tests $80,000 as Ethereum, XRP and Dogecoin Sink to August Lows
Source: financemagnates.com

2026-10-26T10:48:50.959+02:00 Monday,26/10/2026|08:48 GM T byDamian Chmiel A tech-stock rout, $773.5M of ETF outflows and long liquidations hit crypto before Wednesday’s Fed decision. My charts put...

Summary

  • 2026-10-26T10:48:50.959+02:00 Monday,26/10/2026|08:48 GM T byDamian Chmiel A tech-stock rout, $773.5M of ETF outflows and long liquidations hit crypto before Wednesday’s Fed decision.
  • My charts put $75,055 next for BTC if $80,000 breaks, while XRP clings to its last support.
  • The selloff started on Thursday, when worries about how artificial intelligence spending will be funded hit technology stocks.
  • The Nasdaq Composite fell 2.6%, its worst session since June, and Meta Platforms lost about 7%.
Read the full story on financemagnates.com

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