What next as BTC plunges under $81,000
Bitcoin fell under the $81,000 level on Saturday, extending a stretch of weekend weakness 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 as much as 2.2% over the past 24 hours, per CoinGecko 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.
While Iranian authorities said the cause was still under investigation, the incident added to already elevated tensions…
