Bitcoin Drops Below $82,000, Extending Market Decline

In Brief

Bitcoin (BTC) has fallen below $82,000, currently trading at $81,953.70.

The cryptocurrency is down 3.46% in the past 24 hours, signaling continued market weakness.

‍

Bitcoin’s price has slipped further, dropping below $82,000, reflecting the ongoing bearish momentum in the crypto market. According to OKX market data, BTC is currently trading at $81,953.70, marking a 3.46% decline over the past 24 hours.

The downward movement follows an extended correction, with Bitcoin now down 25% from its all-time high. Broader market sentiment remains weak, with Ethereum and Solana also experiencing heavy losses. Analysts are closely monitoring support levels to determine whether BTC will stabilize or face further selling pressure.

Market participants remain cautious as volatility continues, awaiting potential catalysts that could reverse the trend.

‍