#bitcoin took another hit after a brutal week, with selling pressure staying heavy đ. Prices slid again, extending losses that have been building day after day, not just from one bad session.
The coin has now dropped well below recent support levels, trading around areas last seen in late 2024 đ». For the year so far, a big chunk of its value has already been wiped out, showing this isnât a small pullback but a deeper reset.
This move didnât happen in isolation. Global markets have been shaky, risk appetite is weak, and investors are pulling money out of high-risk assets like crypto đž. When stocks fall, Bitcoin has been falling with them.
The pain is spreading across the crypto space too. Mining companies and crypto-linked stocks are sliding, and overall confidence looks shaky đŹ.
Right now, the mood is defensive. Sellers are clearly in control, and buyers are waiting for clearer signs before stepping back in. Until that changes, volatility stays high âĄđ
