Bitcoin Plunges Below $82K as Crypto Selloff Deepens Despite Bullish Regulatory Signals
Bitcoin tumbled to a two-month low Friday as cryptocurrency markets extended losses despite bullish commentary from top U.S. regulators signaling support for pension fund crypto access and forthcoming market structure legislation.
Bitcoin dropped 6.65% over 24 hours to $82,138 as of press time after dipping below $81,000 during Asian morning trading, its lowest level since late November.
Ethereum fell 7.55% to $2,737, while Solana declined 7.2% to $113.89. Total cryptocurrency market capitalization sank 6.13% to $2.8 trillion, per Coinmarketcap data.
Bitcoin now trades approximately 30% below its all-time highs reached in October 2025, reflecting sustained pressure despite growing institutional infrastructure and regulatory…
