Bitcoin plunges under $81,000 — where is the world’s top crypto heading?
Bitcoin dropped below $81,000 on Saturday, showing the price is still weak going into the weekend. Traders stayed very careful and avoided risk, because of global tensions, U.S. politics, and fear in crypto markets. Bitcoin fell up to 2.2% in the last 24 hours, according to market tracking data. Trading activity was low because it was the weekend, which usually makes prices move faster and more sharply.
Global tensions hurt crypto
Market fear increased after news of an explosion at Iran’s Bandar Abbas port, a very important global shipping area, as reported by CoinDesk. This port moves about 20% of the world’s oil by sea, so any problem there makes investors nervous.
Iran said it is still checking what caused the explosion. But the…
