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Bitcoin fell below $80,000 on Monday, dropping to $77,459 before recovering slightly to $79,085, marking a 14% decline over the past week.
The sell-off coincides with broader market declines and comes after four consecutive weeks of institutional investors reducing crypto exposure, with $4.75 billion in outflows from digital asset funds.
Market sentiment has turned bearish, with the Crypto Fear & Greed Index at 17, while economic uncertainty has increased due to President Trump’s tariff policies and his recent comments about a possible “period of transition” for the economy.
