
Bitcoin’s retreat from last week’s $98,000 peak coincides with U.S. stock futures dropping sharply, and traders now assign a 30% probability of a fall below $80,000.
Bitcoin fell 2.7% to $92,532, reversing gains from last week’s climb to $98,000. The decline mirrored broader market weakness, with Nasdaq 100 futures down 1.9% and S&P 500 futures down 1.6%. Ethereum dropped 3.6% to $3,192. Derivatives market data indicated capital outflows from DOGE, ZEC, and ADA. Traders priced a 30% chance that Bitcoin could drop below $80,000, which analysts warn could trigger deeper declines.