What next as BTC plunges under $78,000
Bitcoin fell below $78,000 on Saturday, extending price weakness into the weekend as traders stayed defensive amid geopolitical headlines, political uncertainty in the U.S. and lingering unease across crypto markets.
The world’s largest cryptocurrency fell more than 7% over the past 24 hours, trading around $77,000, per CoinDesk data. Trading volumes thinned into the weekend, a setup that often leaves prices more vulnerable to abrupt moves.
Risk sentiment took a hit after reports of an explosion at Iran’s Bandar Abbas port, a key shipping hub on the Strait of Hormuz that handles roughly a fifth of the world’s seaborne oil.
Further reigniting tensions in the region, Trump has now…
