Bitcoin slips below $80,000, eyes key support at $76,300 after weekend dip

Bitcoin fell below the $80,000 mark during the weekend, briefly declining to $79,621 before managing a modest rebound to trade just over $80,000 on Monday. The move deepened an ongoing bearish trend that has dominated the cryptocurrency market, with selling pressure continuing for a third consecutive week. BTC is currently trading around $80,044, reflecting a modest recovery from its recent lows but still facing significant headwinds. Ethereum has also slipped and is now trading close to $2,321, while XRP has retreated to about $1.28.