Bitcoin just dropped to a seven-month low, going under $82,000. What’s next for those investing?

Bitcoin dropped to a seven-month low, edging dangerously close to the $80,000 mark a level below which analysts believe the cryptocurrency could face far steeper losses. The world’s largest digital asset fell to $80,553 while ether tumbled to a four-month low, as cryptocurrencies led a broader retreat from riskier assets amid mounting concerns over stretched tech valuations and renewed uncertainty around U.S. interest-rate cuts.