Bitcoin has stabilised today, after having endured one of the most brutal weeks it’s ever had. But there is already damage done to all crypto markets.
Over the weekend, the bitcoin price was below $80,000. This is the lowest it has been since April 20,25. plunging Lows of around $75,000 were reached amid cascading sales and global risks assets.
Bitcoin Magazine reported that BTC had traded at around $78,400 early on Monday. That’s an increase of 1% from the previous day. BTC has lost roughly 12% during the last seven days.
The decline in bitcoin market cap has erased over $200 billion, and capped a brutal run that saw it lose around $800 billion of value from its October peak.
The sell-off is attributed by market participants to the convergence of macroeconomic pressure, geopolitical risks and structural vulnerability in the crypto markets.
Bitcoin’s decline coincided a sharp “risk-off” move across global markets. U.S. stocks fell last week due to steep declines in the technology sector after Microsoft disappointed investors with its earnings. This weakness spread to European and Asian markets, as well as traditional safe-haven assets.
Silver and gold both experienced historic losses. posting it’s biggest single-day fall since 1980. Analysts believe the simultaneous selling of crypto and precious materials reflects the surge in the U.S. currency and the shifting expectations surrounding U.S. policy following the nomination Kevin Warsh will succeed Jerome Powell in the Federal Reserve Chair.
The weekend’s thin liquidity exacerbated the price fluctuations, leading to a wave forced liquidations on derivatives markets.
Coinglass reports that more than 2 billion BTC worth of long and short BTC positions have been taken. have been liquidated since Thursday, including $2.56 billion across all cryptocurrencies on Saturday alone — one of the largest single-day liquidation events on record.
As prices decline, traders who are leveraged automatically exit their positions. The result is a negative feedback loop that increases the selling pressure.
Investors from institutions have been pulling away as well. CoinShares reported that digital asset investments products saw a $1.7 billion outflow for the second straight week, erasing all of this year’s inflows. 2026 flow numbers are now negative.
Bitcoin and Ethereum-based products were the most popular withdrawals. Short BTC and tokenized precious materials saw an increase in demand, indicating a growing need for downside protection.
Crypto-Whale Activity
Earlier today, Binance confirmed The company purchased 1,315 Bitcoins worth approximately $100 Million as part a plan for converting its SAFU Reserve of $1 Billion from Stablecoins (SAFU) into BTC in the coming 30 days.
Changpeng is the cofounder of Binance. “CZ” Zhao stated that he lost faith in the 2026 BTC “super cycle,” Citing FUD intense, market volatility, and allegations that Binance related events have contributed to an historical liquidation cascade.
The crypto community accused CZ accused CZ of buying BTC on the weekend, and he was blamed for a massive crypto-crash that occurred in October 2025. This led to large liquidations of crypto.
Also, corporate bitcoin owners have come under fire. The brief drop in bitcoin’s price below Strategy’s purchase average put pressure on the company’s massive holdings. Analysts say that there’s no danger of the BTC being sold because it’s not pledged to collateral.
Bitcoins’ drop below Strategy’s cost basis of $76,052 somewhat erased psychological floor beneath Michael Saylor’s leveraged accumulation strategyAs the company’s shares trade far below their peak, and as its equity premium disappears, it is clear that there are growing tensions.
Although there is no immediate risk of financial distress or forced sales, the tightening capital market and declining investor appetite have reduced Strategy’s capacity to finance further Bitcoin purchases via share issuance.
BTC has risen to $78,380 at this time, an increase of 1% in the last 24 hour. The price is just below its 7-day high, while the market cap has climbed to approximately $1.57 billion.
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Source: bitcoinmagazine.com
