Bitcoin dropped 0.4% to around $79,700 since midnight UTC on Tuesday, falling below $80,000. Altcoins also declined, with ether losing 0.5% and the DeFi index (DFX) dropping 1.8%. This comes as Asian tech stocks rallied, with South Korea’s Kospi rising 3.1%, and the Federal Reserve begins a two-day meeting today to decide on interest rates. CME’s FedWatch tool shows a 90% chance of no change, but traders are looking for clues on a potential year-end rate increase. Meanwhile, U.S. spot bitcoin ETFs saw $110 million in inflows on Monday, ending two days of outflows.