---
title: "Bitcoin Plunges Below $80,000 Amid Fears of a ‘Full-Blown Bear Market’"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-02-28T18:19:45+00:00"
modified: "2025-02-28T18:19:45+00:00"
date: 2025-02-28
canonical: "https://www.share-talk.com/bitcoin-plunges-below-80000-amid-fears-of-a-full-blown-bear-market/"
category: "B2B"
categories: ["B2B", "Blogs", "Exclusive Interviews", "Fintech", "Technology", "Technology, Media & Telecoms"]
tags: ["Binance", "Bitcoin", "BNB", "BTC", "cryptocurrency", "DOGE", "Dogecoin", "Donald Trump", "Elon Musk", "ETFs", "ETH", "Ethereum", "executive order", "Litecoin", "LTC", "Oval Office", "Ripple", "SEC", "SOL", "Solana", "TSLA", "United States", "US President", "US Securities and Exchange Commission", "USA", "XRP"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/12/BTC-22_12_23.jpg?fit=1200%2C800&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Bitcoin Plunges Below $80,000 Amid Fears of a ‘Full-Blown Bear Market’

**Published:** February 28, 2025
**Author:** sharetalk
**Categories:** B2B, Blogs, Exclusive Interviews, Fintech, Technology, Technology, Media & Telecoms
**Tags:** Binance, Bitcoin, BNB, BTC, cryptocurrency, DOGE, Dogecoin, Donald Trump, Elon Musk, ETFs, ETH, Ethereum, executive order, Litecoin, LTC, Oval Office, Ripple, SEC, SOL, Solana, TSLA, United States, US President, US Securities and Exchange Commission, USA, XRP
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/12/BTC-22_12_23.jpg?fit=1200%2C800&quality=89&ssl=1)

---

Bitcoin tumbled below $80,000 on Friday for the first time since November, as concerns of a “full-blown bear market” in cryptocurrencies intensified.

Fears of a global trade war, coupled with disappointing earnings from AI chip giant Nvidia, have spurred investor selloffs in riskier assets.

Bitcoin, one of the most volatile investments, briefly dipped to $78,225.84—more than 25% below last month’s peak above $109,000 when Trump took office—and has lost 20% in just the past week. It has since rebounded slightly to $84,504.

David Morrison, an analyst at Trade Nation, described the situation as a “crypto meltdown,” noting that Ethereum has shed nearly half its value since mid-December.

“Some analysts believe this isn’t just a correction but a full-blown bear market,” he said, highlighting that Bitcoin has now erased most of its gains since Trump’s election in November.

Morrison added that earlier optimism around a more crypto-friendly regulatory environment had largely unraveled, contributing to the sharp decline.

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