Bitcoin price fell below the $80,000 support level, hitting a nine-month low and wiping out $2.6 billion in trader positions. According to BeInCrypto data, the 6% slide sent the token to $77,082 before a minor rebound. This marked the first time prices have sat this low since April 2025. Bitcoin Sinks Below ‘Fair Value’ for First Time in Years The price action pushed Bitcoin below critical on-chain benchmarks for the first time in years. Glassnode data confirmed that Bitcoin fell below its True Market M ...