According to CoinDesk, Bitcoin’s price dropped under $80,000 amid increased caution from traders in anticipation of the upcoming Federal Reserve policy meeting. The decline occurred as investors adjusted positions across major cryptocurrency assets. Ether and XRP experienced notable losses among the larger-cap coins. The impact extended to the AI-related trade sector, which faced further pressure in Asian markets. In that region, Goldman Sachs revised its Kospi target downward by 25%. No additional commentary, quotes, or numerical details were provided in the source regarding price movements, trader statements, or broader market reactions.
