Bitcoin took a sharp turn for the worse this weekend, dropping below the $80,000 mark for the first time since April 2025. By Monday morning, the price sat at roughly $77,925. While it saw a tiny 1% bounce early in the day, the damage from the last few days remains clear. At one point, the coin even bottomed out near $74,876 before buyers stepped in to stop the bleeding.
This latest slide wiped out more than $200 billion in market value in just seven days. Analysts don’t think this crash happened because of a specific problem with crypto itself. Instead, investors across the globe are simply getting nervous and moving their money into safer spots. Dessislava Ianeva, a researcher at Nexo, noted that low trading volume over the weekend made the price swings look much more dramatic than usual.
Bitcoin often moves in sync with big tech stocks, and right now, tech is struggling. After Microsoft reported disappointing earnings and watched its stock price plunge 10%, the negativity spread quickly. By Monday, stock markets in Europe and Asia felt the sting too. Even traditional “safe” investments like gold and silver are losing ground. On Friday, silver had its worst day in over forty years, falling 30%.
The situation got worse because of “forced liquidations.” In the crypto world, many people trade with borrowed money. When the price hits a certain low point, exchange computers automatically sell off those positions to cover the debt. Since Thursday, this has wiped out more than $2 billion worth of trades, creating a domino effect that pulls the price down even faster.
Big investors also seem to be losing faith for now. Last week, people pulled $1.7 billion out of digital asset funds. On top of that, traders are closely watching Kevin Warsh, who is set to take over as the next Federal Reserve chair. While many people once called Bitcoin a “digital gold” that protects wealth during chaos, the numbers tell a different story: the coin has lost about 22% of its value over the past year.
