Bitcoin is stabilizing slightly today after one of its most punishing weeks in years, but the damage across crypto markets has already been done.

The bitcoin price fell below $80,000 over the weekend for the first time since April 2025, briefly plunging to lows near $75,000 amid cascading liquidations and a broader sell-off across global risk assets. 

As of early Monday, BTC was trading around $78,400, up about 1% on the day, according to Bitcoin Magazine data, after shedding roughly 12% over the past seven days.

That decline has erased more than $200 billion from bitcoin’s market capitalization, capping a brutal stretch that saw the asset lose roughly $800 billion in…

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