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.

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.

A new year hasn’t marked a turn in the price of Bitcoin (CRYPTO:BTC) and other cryptocurrencies. While there’s plenty to be concerned about as Bitcoin prices take a few steps lower following the bloodbath witnessed in the precious metal markets (gold and silver imploded last Friday in a vicious fashion),

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

Bitcoin's very modest bounce from the weekend lows appears to be failing, the price falling back to just above $77,000. Gold and silver, meanwhile, have renewed their bull runs, with gold close to reclaiming the $ 5,000-per-ounce level.

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.

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

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