Bitcoin drops below $80,000 as crypto ignores Asian tech rally, Fed meeting begins

Crypto Insight Summary: Bitcoin fell 0.4% to around $79,700 since midnight UTC while Asian tech stocks rallied. The DeFi index dropped 1.8%, and the Fed is set to begin a two-day meeting. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Bitcoin's slight decline amid Fed meeting uncertainty and decoupling from Asian equities.