Bitcoin has fallen to its lowest level in the past two months, reflecting a sharp deterioration in investor sentiment and a renewed wave of selling across global cryptocurrency markets.
The world’s largest cryptocurrency was trading at around $81,000, marking a daily decline of approximately 4%. According to market data, this represents Bitcoin’s weakest price level since late November.
From its all-time high reached in October, Bitcoin has now lost nearly one-third of its value, intensifying concerns over the sustainability of its long-term bullish narrative.
Market analysts attribute the decline primarily to significant capital outflows from U.S.-listed Bitcoin exchange-traded funds (ETFs). These funds have recorded three consecutive months of net withdrawals, totaling approximately $4.8 billion.
At the same time, more than $1.5 billion in leveraged and speculative positions were liquidated over the past 24 hours, accelerating downward price momentum, according to Bloomberg.
Analysts note that investors are increasingly shifting toward traditional safe-haven assets, such as gold, calling into question Bitcoin’s reputation as “digital gold.”
Several experts warn that downward pressure may persist in the coming days, with the possibility that Bitcoin could fall below the $80,000 threshold. More pessimistic scenarios point to a potential decline toward $70,000, particularly during weekends, when market liquidity tends to be thinner.
The latest downturn has reintroduced uncertainty and volatility into the cryptocurrency market, which remains highly sensitive to capital flows, monetary policy expectations, and shifts in investor confidence.
