Bitcoin Price Crash: Top 3 Reasons Why BTC Price Dropped Below $80,000

$Bitcoin lost the $80,000 level over the weekend and is still fighting to get it back. BTC slid to a low near $79,200 on rising volume, bounced, and was turned away again at roughly $81,000. On Monday morning it hovers just around $80,000, down about 1 percent on the day, while Ethereum, XRP and Solana trade lower too. You can check the latest Bitcoin price on our prices page. The drop is not one single story. Three forces hit the market at the same time.Reason 1: Middle East escalation and a $117 oil spikeThe first blow came from outside crypto.