The bitcoin price has plummeted under the closely-watched $80,000 per bitcoin level, sparking fears that a full-blown bitcoin and crypto crash could be looming.

Bitcoin has pushed deeper into bear market territory amid its latest sell-off, with the crypto down 37% from its October all-time high.

Bitcoin shows resilience near $78,000 following a selloff influenced by changes in the US dollar, Fed leadership, and regulatory discussions. A potential rebound to $80,000 is in sight as institutional buying strengthens market confidence.

Bitcoin prices dropped to less than $75,000 on Sunday, February 1, reaching their lowest point since April 2025 as multiple variables combined to fuel losses.

The bitcoin price crashed into the $75,000 range, breaking below key technical support levels as heavy selling pressure swept through the market.

This surge in demand for lower-strike puts contrasts with the post-Trump-election pattern of enthusiasm for high-strike calls.

From November 10 to December 1, Bitcoin fell from a valuation of about $106,000 to a low of under $85,000. Concerns surrounding tech stocks, liquidity, and a variety of other complex factors had contributed to a deepening risk mood in crypto spaces.

Gold and silver prices experienced a powerful bounce-back on Tuesday, following a tumultuous period marked by a significant selloff. After suffering major

Michael Saylor's Strategy has bought 855 BTC for $75.3M raising holdings to 713,502 as bitcoin volatility drags markets this week.

Cryptocurrency markets fell as global equities and precious metals sold off, while bitcoin liquidations exacerbated downside moves.