Bitcoin slips below 81000 as crypto sheds 23 billion and traders brace for more losses

Bounce hopes die after a stubborn 83600 resistance rejection

Crypto markets swung sharply as nearly $23 billion was wiped out in hours. Bitcoin fell below $81,000 after failing to push through a key resistance area near $83,600, flipping sentiment from bullish to cautious. The total crypto market cap slid to about $2.67 trillion, leaving investors hesitant and unsure whether any immediate rebound can hold.