Bitcoin Fell Below 78,000 Dollars, Buyers Decreased

Sharp Drop in Bitcoin Price

Bitcoin fell more than 10% on Saturday, dropping to around $75,700. This decline has led to over 30% of its value being wiped out since April 2025, while major cryptocurrencies like Ethereum and Solana also experienced significant losses.

Market Value and Leveraged Positions Wiped Out

In the last 24 hours, the total value of the cryptocurrency market decreased by approximately $111 billion. Additionally, leveraged positions worth $1.6 billion were wiped out. This situation is attributed to examined liquidity, low buying interest, and a halt in new capital flows to Bitcoin.

Long-Term Investors Are Realizing Gains

Analysts state that long-term investors have realized gains from last year's ETF-driven rally. Market experts do not expect a quick recovery for Bitcoin. Instead, they suggest a prolonged neutral trading period may be experienced. Furthermore, they see a low likelihood of a 70% deep collapse without sales from MicroStrategy.