Ed Kalanke

Bitcoin fell sharply on Saturday, tumbling below $80,000 to the lowest level since April 2025 as part of a broader decline for digital assets.

The drop came amid thin liquidity and limited buying interest, deepening a drawdown that has erased more than 30% from the world's largest cryptocurrency.

Bitcoin fell as much as 10%, while other tokens posted steeper losses.

According to CoinGecko data, the sell-off knocked about $111 billion off the crypto market's total value in the past 24 hours.

Ed Kalanke, Bloomberg Radio.