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Bitcoin Falls Below $80,000 Amid Fed Rate Hike and Asian Tech Sell-Off
Bitcoin fell below $80,000 on Thursday due to the Federal Reserve's rate-hiking announcement and a sell-off in Asian tech stocks. The market cap is $2.76T with Bitcoin maintaining a 58.1% dominance. Chainlink lost 21% in October, while Visa's stablecoin volume grew 10x in a year. Recent funding rounds include Birch hill, Cancore, and Hyperbolic labs.