--- title: "Bitcoin falls below $80,000 as tech sell-off and ETF outflows weigh on risk assets" description: "Bitcoin fell as low as $79,332 before recovering to $80,240, down 2.5% over the past week and about 36% below its all-time high of $126,080, Decrypt reported, citing CoinGecko. U.S. spot Bitcoin ETFs saw $635.5 million in net outflows on Thursday and $137.9 million on Friday, per SoSoValue, while…" language: en canonical: "https://whycoinmoves.com/en/events/bitcoin-bitcoin-dips-below-80-000-1fd72aeceddfb3" published: 2026-10-26T13:05:01.000Z updated: 2026-10-26T14:06:03.000Z indexable: true --- # Bitcoin falls below $80,000 as tech sell-off and ETF outflows weigh on risk assets Bitcoin fell as low as $79,332 before recovering to $80,240, down 2.5% over the past week and about 36% below its all-time high of $126,080, Decrypt reported, citing CoinGecko. U.S. spot Bitcoin ETFs saw $635.5 million in net outflows on Thursday and $137.9 million on Friday, per SoSoValue, while… Attributed sources: [Decrypt]() ## Key facts Bitcoin fell as low as $79,332 before recovering to $80,240, down 2.5% over the past week and about 36% below its all-time high of $126,080, Decrypt reported, citing CoinGecko. U.S. spot Bitcoin ETFs saw $635.5 million in net outflows on Thursday and $137.9 million on Friday, per SoSoValue, while HashKey's Tim Sun pointed to a broader correction in global risk assets. Evidence strength: Single source, 1 publisher group(s) (Decrypt). After site detection, observed returns were 5 minutes: -0.07% (26/10/2026, 13:05 → 26/10/2026, 13:10, UTC; Gate · USDT); 1 hour: -0.72% (26/10/2026, 13:05 → 26/10/2026, 14:05, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.01% (OKX · USDT; cutoff 26/10/2026, 13:05, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.07% | -0.07% | 0.00 pp | 26/10/2026, 13:05 → 26/10/2026, 13:10 | Gate · USDT | | 1 hour | -0.72% | -0.72% | 0.00 pp | 26/10/2026, 13:05 → 26/10/2026, 14:05 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.14% | | 99th percentile of absolute hourly returns | 1.01% | | BTC beta | 1.00 | | Source / cutoff (UTC) | OKX · USDT / 26/10/2026, 13:05 | ## Claims and open questions - Decrypt reported, citing CoinGecko, that Bitcoin fell to $79,332 before recovering to $80,240, down 2.5% over the past week and about 36% below its all-time high of $126,080. - According to SoSoValue, U.S. spot Bitcoin ETFs saw $635.5 million in net outflows on Thursday and a further $137.9 million on Friday, though the funds ended the week up about $301 million, Decrypt reported. - Tim Sun, senior researcher at HashKey, told Decrypt the drop was primarily driven by a broader correction in global risk assets, with skepticism toward AI-related technology stocks a major factor, and flagged $75,000 as a key support level if Bitcoin falls further. - What the Federal Reserve decides at its rate meeting and how that changes demand for Bitcoin and other risk assets. - Whether spot Bitcoin ETF flows turn back to net inflows, which SoSoValue data would show. ## Source evidence - [Bitcoin Dips Below $80,000 Ahead of Fed Decision, Midterms]() — Decrypt; published 26/10/2026, 13:02; received 26/10/2026, 13:05 (UTC). ## Recent BTC events and market reactions - [South Korea weighs fourth delay of 22% crypto tax to 2029]() — Published 26/10/2026, 14:06 (UTC) · Single source (1 publisher) · General news · 5m +0.31% / 1h +0.98% - [Strategy pauses bitcoin purchases, spends $204.9 million buying back STRC]() — Published 26/10/2026, 13:23 (UTC) · Multiple publishers (4 publishers) · General news · 5m -0.24% / 1h -0.03% - [Bitcoin Magazine video examines Bitcoin exposure after PHP flaws take sites offline]() — Published 26/10/2026, 13:21 (UTC) · Single source (1 publisher) · Security · 5m -0.30% / 1h +0.12% - [Galaxy Research says bitcoin's bear market ended at the June low]() — Published 26/10/2026, 13:01 (UTC) · Multiple publishers (3 publishers) · Market watch · 5m -0.09% / 1h -0.72% - [Strive buys 6,182 bitcoin for $511.4 million, lifting holdings to 43,000 BTC]() — Published 26/10/2026, 12:24 (UTC) · Multiple publishers (2 publishers) · General news · 5m +0.11% / 1h -0.50% - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Perpetual funding rates and annualized yield: a 2025 comparison]() - [Bitcoin halving and bull markets: evidence from four halvings]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()