Bitcoin fell below $80,000 on October 26, 2026, before recovering to roughly $80,000-$80,300 amid a broad sell-off in AI-related stocks. US spot Bitcoin ETFs recorded $772.4 million in net outflows on October 23 and 24, including about $635 million to $636 million in withdrawals in a single day, the largest one-day exit since June 2026. More than $400 million in leveraged Bitcoin and Ether positions were liquidated as traders prepared for the Federal Reserve meeting scheduled for October 27 and 28. The episode highlights a growing convergence between Bitcoin’s trading pattern and that of equities, particularly technology stocks, although its relative resilience to concerns about AI-related debt remains notable.
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