Bitcoin Crashes Below $80,000 — Biggest Slump Since 2022

Bitcoin Crashes Below $80,000 — Biggest Slump Since 2022

Bitcoin has suffered a sharp downturn, falling below the $80,000 mark, marking its biggest sustained drop since 2022.

The world’s leading cryptocurrency has now lost over 20% of its value compared to its January peak of $109,350, raising concerns that a bear market could be on the horizon.

Market analysts attribute the plunge to a combination of profit-taking, regulatory pressures, and wider volatility in the global financial landscape. As investors watch closely, the question remains — is this a temporary correction or the start of a prolonged downtrend