The post Bitcoin continues slide that’s roiling markets, threatens to break below $80,000 appeared on BitcoinEthereumNews.com. CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty Images Bitcoin tumbled as much as 6% early Friday, hovering at one point just above its critical $80,000 support level, as investors continued their flight from risk-on assets to more defensive plays. The largest cryptocurrency by market capitalization hit $80,548 at around 7:30 a.m. ET, marking is lowest price since April 11. It has since regained some of its losses to trade down 1.5% to $85,104.38, according to Coin Metrics. The cryptocurrency is down about 10% since the beginning of the week and roughly 24% over the last month. Stock Chart IconStock chart icon Bitcoin value year to date The token’s slide follows mounting pressure in the U.S. stock market, which has led investors to rotate out of volatile assets like crypto and artifical intelligence stocks into safe-havens such as gold. The Nasdaq Composite fell 2% on Thursday, as a rally sparked by Nvidia‘s blockbuster earnings on Wednesday lost steam. Its fizzling underscores investors’ increasing scrutiny of sky-high AI valuations. Investors in AI also often hold bitcoin, linking the two trades. Bitcoin is now down 9% since the beginning of the year, despite smashing several price records following President Donald Trump’s inauguration in January. Amid the administration’s pro-crypto policies, it last sailed to a record high just north of $126,000 in early October. Source: https://www.cnbc.com/2025/11/21/bitcoin-continues-slide-thats-roiling-markets-threatens-to-break-below-80000.htmlThe post Bitcoin continues slide that’s roiling markets, threatens to break below $80,000 appeared on BitcoinEthereumNews.com. CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty Images Bitcoin tumbled as much as 6% early Friday, hovering at one point just above its critical $80,000 support level, as investors continued their flight from risk-on assets to more defensive plays. The largest cryptocurrency by market capitalization hit $80,548 at around 7:30 a.m. ET, marking is lowest price since April 11. It has since regained some of its losses to trade down 1.5% to $85,104.38, according to Coin Metrics. The cryptocurrency is down about 10% since the beginning of the week and roughly 24% over the last month. Stock Chart IconStock chart icon Bitcoin value year to date The token’s slide follows mounting pressure in the U.S. stock market, which has led investors to rotate out of volatile assets like crypto and artifical intelligence stocks into safe-havens such as gold. The Nasdaq Composite fell 2% on Thursday, as a rally sparked by Nvidia‘s blockbuster earnings on Wednesday lost steam. Its fizzling underscores investors’ increasing scrutiny of sky-high AI valuations. Investors in AI also often hold bitcoin, linking the two trades. Bitcoin is now down 9% since the beginning of the year, despite smashing several price records following President Donald Trump’s inauguration in January. Amid the administration’s pro-crypto policies, it last sailed to a record high just north of $126,000 in early October. Source: https://www.cnbc.com/2025/11/21/bitcoin-continues-slide-thats-roiling-markets-threatens-to-break-below-80000.html