So far in 2025, the cryptocurrency market value has evaporated by 610 billion dollars, and the current key support level of Bitcoin is at 81,600 dollars

In the 89 days since entering 2025, the total value of the cryptocurrency space has shrunk by $610 billion, from around $32,700 to $2.66 trillion. Bitcoin is trading between $82,856 and $83,032, with a market cap of around $1.65 trillion and a 24-hour global trading volume of close to $14 billion. Currently Bitcoin is showing signs of a short-term consolidation, despite a temporary upswing, volume patterns suggest weaker buyer engagement, lower highs and lower lows suggest a broader downtrend will continue, resistance at $84,500 remains the key level, while support at $81,600 is crucial.