{"id":180931,"date":"2025-11-21T16:43:42","date_gmt":"2025-11-21T14:43:42","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=180931"},"modified":"2025-11-21T16:43:42","modified_gmt":"2025-11-21T14:43:42","slug":"bitcoin-dips-to-80k-but-this-28m-crypto-presale-may-be-about-to-change-things","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-dips-to-80k-but-this-28m-crypto-presale-may-be-about-to-change-things\/","title":{"rendered":"Bitcoin Dips to $80K – But This $28M Crypto Presale May Be About to Change Things"},"content":{"rendered":"

Bitcoin took another leg down on Friday, tapping lows of $80,500 for the first time since April 2025. The move wiped out gains from Thursday\u2019s rebound, underlining that market sentiment remains brittle.<\/p>\n

CoinMarketCap\u2019s Fear and Greed Index now reads 11, deep in \u201cextreme fear.\u201d This is the lowest level since the tool launched in June 2023. Bitcoin\u2019s spot flows reflect this weak sentiment, with $895 million leaving the market over the past 24 hours, per Coinglass data.<\/p>\n

To make matters worse, almost every top-100 crypto is in the red on Friday, showing that major market players are feeling the effects of Bitcoin\u2019s correction. However, the presale market tells a different tale as fundraising continues. One of the top performers is the Bitcoin Layer 2 Bitcoin Hyper (HYPER)<\/a>, which has raised $28.2 million.<\/p>\n

Over $100,000 in HYPER inflows occurred in the past day, reflecting a shifting investor focus from the old to the new. So could Bitcoin\u2019s decline signal an opportunity for this emerging project? Let\u2019s find out.<\/p>\n


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Bitcoin\u2019s Oversold Indicator Plunges to a 2-Year Low<\/h2>\n

Bitcoin is trading just below $84,000 at press time, having rebounded slightly after plummeting to $80,500 earlier today. Its current price represents an 8.5% loss over the last 24 hours, driven by spot-market outflows, ETF outflows, and long liquidations.<\/p>\n

In addition to $895 million of spot BTC outflows, Bitcoin ETFs accumulated $903 million in net outflows<\/a> on Thursday, per Farside Investors. This marks the second biggest day of selling on record, only behind February 25, 2025, when redemptions reached $1.14 billion.<\/p>\n

\"bitcoin<\/p>\n

Futures markets also reflect Bitcoin\u2019s fragility, with $469 million in long liquidations<\/a> today, per Coinglass. The total crypto market suffered $954 million in long liquidations, compared to only $118 million in short liquidations. Knife-catchers are being punished big time.<\/p>\n

As a result, BTC is currently deep in \u201coversold\u201d territory, with analyst Zerohedge noting it\u2019s at its lowest level since August 2023.<\/p>\n

Indeed, this usually signals that a structural rebound is on the way \u2013 but it doesn\u2019t always happen immediately.<\/p>\n

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Bitcoin most oversold in over 2 years pic.twitter.com\/0le3gNGK7f<\/a><\/p>\n

\u2014 zerohedge (@zerohedge) November 20, 2025<\/a><\/p><\/blockquote>\n