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Can Bitcoin withstand the financial storm? Prices dip below $80,000

Can Bitcoin withstand the financial storm? Prices dip below $80,000
The Bitcoin market is witnessing immense volatility with prices falling below $80,000. Michael Saylor’s significant bitcoin holdings are largely affected, but he doesn't seem to be panicking. JPMorgan views bitcoin as oversold and sees a long-term gold rise. There's increased speculation about Fed chair's effect on risk assets. Some investors are comparing long-term potential between Bitcoin and iShares Bitcoin Trust. Concerns over the feasibility of quantum computing cracking cryptocurrency encryption have led to Bitcoin's removal from certain investment recommendations. The Bitcoin market also suffered from the first bank collapse in the US in 2026, putting further pressure on gold, silver and the crypto industry. Amidst these events, there's debate over whether Bitcoin is a viable investment strategy in 2026 and beyond. Notably, retail traders appear to be fleeing from the bitcoin selloff while larger investors continue to buy the dips. As it stands, Bitcoin is approaching the $70,000 mark, raising concerns whether it can sustain above $80,000 amid financial uncertainties and strengthened regulations.

Bitcoin News Analytics from Thu, 01 Jan 2026 08:00:00 GMT to Sun, 01 Feb 2026 00:16:58 GMT - Innovation -2 - Information 6

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