🚨 PAIN: Bitcoin just dropped below $79K. https://t.co/LQhuMsx0LB ...

BREAKING: Bitcoin falls under $80,000 as $270 million is liquidated from the crypto market in the past 60 minutes. https://t.co/sQrkizfwYS ...

BREAKING: Bitcoin just dropped to $80k level and hit a new yearly now. https://t.co/ohSj1HH30O ...

BREAKING:#Bitcoin drops below $82,000. https://t.co/KsHiqpdycr ...

🚨 ALERT: Bitcoin dropped out of the world’s top 10 assets after heavy liquidations drove its market cap sharply lower. https://t.co/NB1R831TC5 ...

The world’s largest cryptocurrency has tanked to its lowest price since April. Bitcoin is down nearly 2% over the past 24 hours and hit a low of nearly $81,000 late Thursday night—underneath its last floor of $82,175 in November. On Friday, the token posted a modest rebound and now trades at around $82,290, according to data from Binance. Bitcoin’s freefall has spread to other cryptocurrencies, including Ethereum, which is down 4% over the past 24 hours to now about $2,660. Meanwhile, this week has seen a ...

LATEST: 📉 Bitcoin fell below $85,000 on Thursday to hit its lowest level in over a month as gold reversed its surge above $5,600, dropping nearly 10% in minutes and triggering broad selloffs across crypto and tech stocks. https://t.co/oBu9ORaoEr ...

Core Viewpoint - Bitcoin's price has decreased nearly 5% this week, dropping below $91,000, as geopolitical tensions and the "Sell America" trade emerge, leading analysts to predict a potential decline to $75,000 or lower [1][2]. Group 1: Market Dynamics - The overall cryptocurrency market, valued at $3.2 trillion, has seen a 2.2% drop, indicating a broader market selloff [1]. - The US dollar weakened, with the euro gaining 0.4% against it, suggesting a shift in investor sentiment towards cryptocurrencies as part of the "Sell America" trade [3]. - Gold reached a new high of $4,725 per ounce, reinforcing its status as a safe haven asset amid rising geopolitical tensions [3]. Group 2: Geopolitical Risks - Rising tensions between the US and Europe, particularly regarding Greenland, could lead to increased market volatility, which is not currently reflected in spot prices [2]. - European leaders have condemned the US administration's actions, warning that tariffs could damage transatlantic relations and provoke retaliation [4]. Group 3: Trader Sentiment and Predictions - Derivatives data indicates traders expect Bitcoin's price to drop 17% to $75,000 by June, with a mildly bearish outlook prevailing [5]. - Despite the bearish sentiment, some analysts suggest that improving macroeconomic conditions could positively influence the cryptocurrency market [6]. - Bitcoin is viewed as a "safe-haven" asset due to its decentralized nature, acting as a hedge against market volatility [7].

JUST IN: Bitcoin falls under $86,000 https://t.co/ACLAVlbYiR ...

Market Overview - U.S. stocks experienced a decline after last week's rally, with the S&P 500 falling 0.5%, the Dow Jones Industrial Average dropping 427 points (0.9%), and the Nasdaq composite decreasing by 0.4% [1] - The recent rally was driven by optimism regarding a potential interest rate cut by the Federal Reserve, with traders estimating an 85% chance of a cut at the next meeting [2] Bond Market - Yields for longer-term Treasurys rose, influenced by a global increase in yields following comments from the Bank of Japan about a possible interest rate hike [3] - Higher bond yields can divert investment away from stocks and cryptocurrencies, negatively impacting prices of expensive investments [3] Cryptocurrency Market - Bitcoin's price fell to approximately $85,500, a decline of about 6% from the previous day, which negatively affected stocks in the crypto sector [4] - Companies like Coinbase Global and Robinhood Markets saw declines of 4.8% and 4.1%, respectively, due to the drop in Bitcoin's value [4] Company-Specific News - Strategy, formerly known as MicroStrategy, reported a 3.3% loss after selling stock and raising $1.44 billion in U.S. dollars to cover dividends and debt interest [5] - Synopsys shares rose by 4.9% following Nvidia's announcement of a $2 billion investment in the company as part of an expanded partnership [6] Retail Sector - The market had mixed reactions to the holiday shopping season, with consumer spending during Black Friday and Cyber Monday expected to exceed expectations [7] - Williams-Sonoma's stock increased by 1.3%, while Best Buy's stock fell by 2.6% [7] International Markets - In international markets, indexes showed mixed results, with France's CAC 40 declining by 0.3%, partly due to a 5.8% loss for Airbus following a software glitch affecting its A320 passenger jets [8]