Bitcoin slips below $80K as liquidations mount and risk-off mood weighs on markets

1 min read
Source: CNBC
Bitcoin slips below $80K as liquidations mount and risk-off mood weighs on markets
Photo: CNBC
TL;DR Summary

Bitcoin fell below $80,000 for the first time since April 2025, dipping to about $74,900 as more than $2 billion in long and short liquidations hit the market. The move followed a broad risk-off shift in equities and a slide in gold and silver, with digital-asset funds also seeing outflows. Analysts are divided on the path forward, with some eyeing a short-term bottom near $70,000 while others warn of a potential slide toward $40,000 in a worst-case scenario.

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