Bitcoin likely to slip below $80k this week: 10x

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

Bitcoin is likely to fall below $80,000 this week, according to digital assets research firm 10x Research.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

In a recent market update on X, the firm cited growing uncertainty over U.S. tariffs and rising inflation as key risk factors weighing on Bitcoin and broader financial markets.

Here’s why Pi Network, Jasmy, LTC, Ethena, and altcoins are down

10x Research also pointed to the upcoming U.S. ISM Manufacturing PMI as a potential trigger for further downside. Furthermore, strong employment data may delay any Federal Reserve intervention, reducing the chances of a market rebound.