Bitcoin Price Falls to $82,000 – What’s Happening?
Bitcoin has dropped nearly 15% in the past week, now hovering around $82,000 on Monday.
A massive $687.73 million worth of crypto liquidations happened in the past 24 hours as the market panicked.
According to QCP Capital, hackers who stole from Bybit cashed out on Sunday, leading to another sharp BTC decline.
Fears of further losses have shaken investor confidence, leading to higher selling pressure across exchanges.
BTC is testing major support at $80,000—a break below could trigger even deeper losses.
Ethereum (ETH), Solana (SOL), and other altcoins have also seen double-digit declines following Bitcoin’s drop.
Analysts suggest that if BTC holds $80K, we could see a rebound, but the risk of further declines remains.
Crypto experts advise watching macroeconomic factors and whale movements to predict the next big move.
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