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Why Is Bitcoin Down Today? 5 Reasons BTC Can’t Break $80,000 Despite $40 Trillion US Debt

Coinpedia·October 30, 2026·1 min read
Why Is Bitcoin Down Today? 5 Reasons BTC Can’t Break $80,000 Despite $40 Trillion US Debt

Bitcoin slipped below $80,000, trading near $77,527, down 3% in 24 hours and 5% over the week. The US carries about $40 trillion in debt, inflation is close to 4%, and oil prices are high amid conflict with Iran, all weighing on BTC's inability to break $80,000.

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