NewsSignals
NewsSignals AI analysis·CNBC TV18·

Bitcoin slips below $80,000: Why the crypto market is under pressure

Grade Abearish AI signal$BTC$ETH$BNB$XRP$SOL$BRENT
Bitcoin fell below $80,000 on Monday after a weekend selloff pushed it to a more than one-month low, as rising oil prices, inflation concerns and uncertainty ahead of the Federal Reserve's policy decision pressured crypto markets. Brent crude reached $116, while Bitcoin touched a weekend low of $79,146 and US spot Bitcoin ETFs recorded $635.6 million in net outflows on October 22. Bitcoin could face further downside toward $78,000 or lower if selling pressure persists, while Fed signals and renewed institutional inflows may help stabilize sentiment.

Bullish strength: 20/100

  • US spot Bitcoin ETFs recorded net inflows of more than $300 million over the week, according to Mudrex.
  • Expectations of the Federal Reserve holding interest rates could provide some support to global liquidity.

Bearish strength: 80/100

  • Bitcoin fell below $80,000 after a weekend selloff pushed it to a more than one-month low.
  • Rising oil prices and inflation concerns are weighing on risk appetite.
  • US spot Bitcoin ETFs recorded $635.6 million in net outflows on October 22.
  • Bitcoin faces potential further downside toward $78,000, with additional lower support levels identified if selling continues.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

Read the original source ↗

← Browse more news analysis

Trade on MEXC

More recent source-attributed AI analysis in crypto.

US Fintech Weekly: Fiserv Bounces Post-Earnings, Crypto Brokers Suffer, And Federal Agencies Prepare Innovation Guidelines

Fiserv shares surged nearly 13% after earnings, while crypto-linked stocks Robinhood and Coinbase headed for a sixth consecutive weekly decline amid Bitcoin weakness and growing regulatory uncertainty. Fiserv benefited from an earnings beat and a new $500 million share buyback authorization, while six federal agencies are preparing fintech innovation guidelines ahead of a November 15 deadline. Stronger regulatory oversight under Democratic congressional control could pressure crypto platforms, although continued institutional integration may limit the sector's downside.

Crypto ally French Hill wins reelection but set to lose House chair

Crypto-friendly Republican French Hill won reelection in Arkansas but is expected to lose his House Financial Services Committee chairmanship after Democrats gained control of the House. Hill sponsored the CLARITY Act and supported the GENIUS Act, while Democrat Maxine Waters is the leading contender to replace him as chair; crypto-backed PACs spent more than $176 million during the election cycle. The leadership change could increase regulatory scrutiny and create uncertainty around the future of US crypto legislation.

Solana: Samsung Wallet adds USDC through its Stablecoin Account - 05 Nov 2026

Samsung Wallet has launched USDC support on Solana, bringing stablecoin payments to 82 million compatible Galaxy devices. Eligible U.S. users can now buy, hold, send and receive USDC directly through Samsung Wallet's Stablecoin Account. The integration could accelerate USDC adoption and increase Solana network activity, potentially benefiting SOL through greater ecosystem usage.

Lido DAO: EarnETH and EarnUSD gain dual-layer loss protection - 05 Nov 2026

Lido DAO has introduced dual-layer loss protection for its EarnETH and EarnUSD products, adding a second layer of capital protection for depositors. Firelight provides the first layer, followed by Lido DAO, which is committing an initial $5 million in shares to back eligible losses. The additional protection could improve depositor confidence and strengthen adoption of Lido's Earn products, although coverage remains subject to limits and conditions.