The post Cryptocurrencies to Sell Fast if Bitcoin Price Plunges Below $80K appeared on BitcoinEthereumNews.com.

Bitcoin price tumbled towards the $82,000 mark on Sunday, March 30. IntoTheBlock data shows DOGE, Chainlink, and AVAX exhibited high correlation to BTC price action in the last 30 days. Could these tokens be among the top cryptocurrencies to sell if BTC plunges below the $80,000 mark? Bitcoin Price Tumbles Below $82,000 as Trump’s SEC Chair Nominee Faces Scrutiny Bitcoin (BTC) market sell-off continued on Saturday, as it closed the week with three consecutive days in losses. After a positive start to the week, Trump’s tariffs and controversy surrounding the approval of SEC-chair nominee Paul Atkins sent bearish tailwinds across Bitcoin markets over the last three days. Last Thursday, members of the US Congress raised issues related to “conflict of interests” as Paul Atkins’ confirmation hearing began. Concerns that a less crypto-friendly SEC chair could replace Atkins further accelerating sell-offs across the global cryptocurrency markets, as evidenced by the Bitcoin price 5.7% decline observed since Friday. Bitcoin price analysis | March 30 2025 As seen above, BTC price plunged as low as $81,645 on Saturday, before bulls battled back to reclaim the $82,500 level at press time. However, rising trading volume bars accompanying the downward price action over the last three days suggest bulls will require a strong catalyst to generate sufficient momentum for a major rebound. Chainlink, DOGE, and Avalanche at Risk – Cryptocurrencies to Sell if BTC Drops Below $80,000 Bitcoin price plunged 5.73% lower than the weekly $87,500 local top recorded on Friday. As prices dropped toward $81,200 on Saturday, bulls stepped in to avert cascading leverage liquidations looming at the $80,000 psychological support level. However, BTC traders were not the only ones relieved to see prices back above $82,500. According to on-chain data culled from IntoTheBlock, DOGE, Chainlink, and AVAX exhibited high correlation to BTC price…

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Filed under: News - @ March 30, 2025 1:23 am