Bitcoin · CLARITY Act · CoinDesk
Crypto crumbles as anniversary of flash crash nears
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A modest early decline in bitcoin BTC $81,805.37 on Thursday has accelerated, the price falling to about a one-month low above $80,000.
Key facts
- A modest early decline in bitcoin BTC $81,805.37 on Thursday has accelerated, the price falling to about a one-month low above $80,000
- Bitcoin is down 4% over the past 24 hours, and is now lower by more than 8% since nearly hitting $87,000 four days ago
- The fast selling comes as the one-year anniversary of the October 10, 2025, flash crash nears
- That’s masking far uglier action in the rest of the sector, with ether and XRP lower by about 6% over the past day and solana off 9%
Summary
Bitcoin fell 4% to about a one-month low near $80,000, with the rest of the sector showing even steeper declines. This week’s fast drop comes ahead of Saturday’s one-year anniversary of last year’s flash crash. Bitcoin is down 4% over the past 24 hours, and is now lower by more than 8% since nearly hitting $87,000 four days ago. The fast selling comes as the one-year anniversary of the October 10, 2025, flash crash nears.