Bitcoin price falls under $80,000. Here’s why

Bitcoin Losses mounted on Monday as the world’s largest cryptocurrency fell below $80,000 for the first time since April 2025.

Bitcoin was trading at $77,494.65 at 5:43 a.m. ET on Monday, according to CoinMetrics. Bitcoin fell as low as $74,876 but later recovered some of the losses. The digital coin has fallen nearly 12% over the past seven days, wiping more than $200 billion worth from the bitcoin market, according to CoinMarketCap data.

Bitcoin fell below $80,000 over the weekend.

Dessislava Ianeva, research analyst at crypto exchange Nexo, told CNBC that Bitcoin’s decline “coincided with a broader shift in risk aversion in global markets” and was “amplified by structurally weak weekend liquidity rather than crypto-specific developments or signs of fundamental stress.”

Bitcoin is often associated with risky assets such as stocks and can rise and fall with them. US stocks fell on Friday, led by tech names MicrosoftIt fell 10% after its earnings disappointed investors.

This negativity was also reflected in European and Asian stock markets on Monday.

Gold and silver continued their losses on Monday. Silver fell 30% on Friday, its worst day since March 1980.

Bitcoin’s decline was exacerbated by forced liquidations, in which traders’ positions are automatically sold when they reach a certain price. More than $2 billion in Bitcoin long and short positions have been liquidated since Thursday, according to data from Coinglass.

Liquidations can have a cascading effect on crypto markets, where the price can move downward quickly as investors’ positions are closed.

Investors are also weighing the potential impact of Kevin Warsh, who will replace Jerome Powell as Federal Reserve chairman.

Last week, digital asset investment products recorded a total outflow of $1.7 billion for the second consecutive week, according to CoinShares. Year-to-date outflows now total $1 billion, “suggesting a significant deterioration in investor sentiment towards the asset class,” CoinShares head of research James Butterfill said in a note Monday.

Yuya Hasegawa, an analyst at Japanese crypto company Bitbank, told CNBC that the recent sell-off in Bitcoin was “driven by a combination of increased geopolitical risk, a decline in technology stocks triggered by Microsoft, and a collapse in precious metals, one of the few remaining safe-haven outflows for investor capital in recent weeks.”

Although Bitcoin is sometimes touted as an asset to invest in during market volatility, it has fallen by nearly 22% in the past year.

Other cryptocurrencies also fell on Monday following sell-offs over the past few days. ether And XRP.

On Saturday, cryptocurrency liquidations were worth $2.56 billion, making it the tenth largest single-day event, according to Coinglass data.