Bitcoin has been struggling to recover, with its price recently dipping below $80,000, marking a significant loss. The downtrend intensified due to the broader market’s weakness, particularly the impact of US President Trump’s trade wars. The decline in US stock markets since the beginning of the month has affected Bitcoin as the global economic climate worsens. Bitcoin Investors Lose Big The STH (short-term holders) NUPL (Net Unrealized Profit and Loss) has reached an 8-month high, signaling a potential shift in investor behavior
source: https://beincrypto.com/bitcoin-losses-price-crashes-below-80000/