Bitcoin Slumps Below $80,000 as Geopolitical Risk Spikes
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Bitcoin broke below the $80,000 threshold over the weekend, marking its weakest print in more than a month. The move came as news of U.S. evacuations tied to Middle East tensions rattled risk appetite across global markets, with thin weekend liquidity amplifying the decline.
Crypto markets broadly traded under pressure alongside BTC, reflecting how geopolitical shocks continue to override crypto-specific catalysts during low-volume sessions. Traders are watching whether $80,000 holds as near-term support or whether further de-risking drags price toward deeper levels.
The sell-off underscores bitcoin's persistent correlation to macro risk events, challenging the narrative of BTC as an uncorrelated hedge during geopolitical stress.