Bitcoin dropped under 80000 after new inflation data and global tension made the market weak again. Many traders were expecting support at this level but sellers pushed the price near 79200. Solana and other major coins also moved down while Dogecoin stayed slightly positive.
The market is now watching the 78000 level because it could decide the next move for Bitcoin. If buyers hold this area the market may recover again. If not then more pressure can come in the short term.
At the same time AI related tech stocks are still showing strength which means investors are being more careful and selective with risk right now. Crypto traders are waiting for the next big economic updates before making stronger moves.