Bitcoin briefly fell below $80,000 on Saturday, the second time in roughly ten days, dragging the broader digital-asset market lower and triggering a fresh wave of forced selling that erased hundreds of millions of dollars in leveraged positions.

The largest cryptocurrency touched a nine-day low of $79,750 before finding tentative support, according to TradingView data cited by CoinMarketCap. It had climbed to nearly $85,000 on Wednesday, its highest level in about two weeks, but the rally reversed quickly and sellers took control through Friday and Saturday.

As of the latest reading, Bitcoin was holding just above the $80,000 line but was still down about 1% on the day. Its market capitalization slipped to $1.620 trillion, while its…