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Bitcoin briefly hits $77.8k on Pizza Day before a crypto sell-off pulls altcoins down.

Market News
23 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

On Bitcoin Pizza Day, Bitcoin's price briefly rose to $77.8k, pushing the altcoin market cap above $1 trillion. However, this momentum was short-lived as a crypto market sell-off followed, causing most altcoins to decline. Only a few tokens, including NEAR, FET, and WLD, showed gains, indicating selective investor interest, particularly in AI-related projects. Investors are advised to track relative strength and market trends to identify altcoins that may outperform Bitcoin in the next cycle.

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