Bitcoin Breaks Below $80K: Deepest Drawdown Since April 2025
Bitcoin Breaks Below $80K: Deepest Drawdown Since April 2025
🔻 Bitcoin breaks $80K
Bitcoin dropped below $80,000 for the first time since April 2025, marking the cycle's deepest drawdown as leveraged positions were liquidated and risk appetite evaporated.
Key developments:
- BTC fell below the critical $80K support level
- Represents the largest pullback of the current market cycle
- Driven primarily by macro economic stress rather than crypto-specific weakness
Market impact:
- Massive leverage flush across exchanges
- Risk sentiment shifted decisively negative
- Signals a structural market reset rather than temporary correction
Analysts point to broader macroeconomic pressures as the primary catalyst, suggesting this move reflects global financial stress rather than fundamental weakness in crypto markets.
Bitcoin closed below the yearly open, nearing the $80,822 lows — the largest pullback of the present cycle. Liquidations hit $1.7bn in 24 hours, exceeding Covid and FTX events. Uncertainty-driven selling during US sessions continues to pressure price.
What happened to Bitcoin? BTC didn’t just sell off - it broke below $80K for the first time since April 2025, marking the deepest drawdown of this cycle as leverage flushed and risk flipped off. Driven more by macro stress than crypto weakness, this signals a structural reset.
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