Bitcoin Weakens Near $80,000 Following Hawkish Fed Pause and Disappointing Tech Earnings

Bitcoin traded near $80,133 after falling below the $80,000 threshold to around $79,800, erasing a recent rebound. The decline was fueled by a hawkish Federal Reserve stance and weak tech earnings, notably from Samsung's semiconductor division. The Fed held rates steady in the 3.75% to 4.00% range, with two policymakers dissenting for a 25-basis-point hike, driving December hike expectations to 79.8% on CME FedWatch. Rising U.S. 10-year Treasury yields above 5.0% and falling risk appetite triggered $356 million in crypto liquidations, pulling Ether down to $2,316.64 alongside broader altcoin declines.