Crypto: Bitcoin Crashes Below $76k Strategy Cost Basis In $2b Liquidation...

Bitcoin saw a sudden weekend liquidity cascade that took BTC price to near $75,000 for the first time since its April 2025 low.

Bitcoin (BTC) fell over 7% during weekend trading as a fresh price collapse liquidated $800 million.

Bitcoin drops to near its 2025 low as mass liquidations accelerate.

BTC price action fails to hold $80,000 and its key true market mean level.

Strategy’s 700,000 BTC corporate treasury falls into the red versus its aggregate cost basis.

Data from TradingView showed BTC price losses taking BTC/USD below $80,000 for the first time since April 2025.

Already licking their wounds from a brutal week, Bitcoin traders faced stronger downside as low-liquidity weekend conditions exacerbated volatility.

At the time of writing, BTC/USD traded below $78,000, with the April 2025 bottom near $74,500 now in focus.

“Local Low at $80.5k was annihilated,” Keith Alan, cofounder of trading resource Material Indicators, reacted on X.

Analyst On-Chain College noted that Bitcoin had now lost its true market mean — the aggregate cost basis for the current active BTC supply.

Source: CoinTelegraph