Bitcoin price today: BTC steadies near $78,000 after 10-month low as deleveraging grips markets
Bitcoin steadied near $77,800 Monday after dropping to a 10-month low of $74,550, pressured by forced selling and renewed Fed policy concerns. Crypto-linked U.S. stocks and spot bitcoin ETFs fell at the open, with Strategy Inc shares down 6% after disclosing a major bitcoin purchase. Traders warn further margin calls could push bitcoin lower. The March CME bitcoin futures contract last traded near $84,000.