Bitcoin Price Analysis: BTC Plunges Towards $80,000, Wipes Out Weekly Gains
The crypto market saw a significant downturn on Friday as major cryptocurrencies, including Bitcoin (BTC), registered substantial declines. The flagship currency plunged below $85,000 late on Friday, wiping out its weekly gains as selling pressure threatened to overwhelm buyers. BTC is down almost 3% and is trading around $82,800.