Analysts are predicting how deep the bitcoin price correction could go and if it will escalate into a full blown market

That's a recent tally of market value across the cryptocurrency world from CoinMarketCap—down from a peak of $3.72 trillion on Dec. 17. The pullback shows how some of the euphoria stoked by the prospe

Cryptocurrency-linked stocks are paring some of their losses but still broadly declining in Friday intraday trade, with bitcoin trading around $81,000—more than a quarter off its January peak.

Analysts say it's primarily short-term holders who have been selling Bitcoin as the market struggles amid Trump tariff turmoil.

Bitcoin's drop is part of a wider rout in which over $800 billion of nominal value "has been wiped off global cryptocurrency markets in recent weeks, as the enthusiasm that swept the crypto industry after Donald Trump's election victory last year ebbs away," the Financial Times wrote today.

The original cryptocurrency has fallen 28% from its all-time high of $109,000 just last month, tumbling to $78,000 on Friday. The currency’s recent downturn is symptomatic of economic pressures that have been weighing on the crypto and stock markets for the last few weeks,

Why is Crypto down? Bitcoin down 25 per cent from all-time high, falling below $80K threshold - The cryptocurrency’s value is down from an all-time high as investors shift their risk appetite