Bitcoin Slides to $80,000 as Fed Dissent, Weak Samsung and Alphabet Earnings Rattle Markets

Bitcoin fell 1.4% to around $80,100 as disappointing earnings from tech giants Samsung and Alphabet dragged down broader tech stocks, spilling over into digital assets. The decline comes as investors brace for the Federal Reserve’s preferred inflation gauge, due later today, which could shape interest rate expectations. AI-related tokens also slumped, reflecting cooling enthusiasm for high-risk assets amid renewed macroeconomic uncertainty. The drop underscores how closely crypto now trades in line with equities, particularly tech, as institutional adoption ties digital currencies to traditional market sentiment. With the Fed’s next move hanging in the balance, traders are watching inflation data for clues on whether rate cuts will materialize this year. A hotter-than-expected reading could pressure Bitcoin further, while a cooler print might reignite demand for risk assets. For now, the $80,000 level is a key psychological line, and its defense or breach could set the tone for the next leg in crypto markets.