Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bitcoin holds above $80K amid inflation shock, eyeing $90K rally if resistance breaks

Market News
13 May 2026
Coindesk
View Source
Bearish
pluang ai news

Bitcoin remains above $80,000 despite inflation-driven macro pressures linked partly to Iran tensions. Analyst Matt Mena suggests a drop below $80,000 could push bitcoin toward $78,000 and possibly $75,000 if selling increases. However, the recent inflation shock might be the last wave of weak sellers before bullish factors, including easing US-China tensions and a potential rally to $85,000-$90,000, take hold. A move toward $100,000 by quarter-end is also considered possible if bitcoin reclaims $82,000 resistance.

More News (BTC)

Bitcoin and major cryptos show mixed returns since Trump’s 2024 win, with XRP surging but Bitcoin lagging S&P500.

Bitcoin and major cryptos show mixed returns since Trump’s 2024 win, with XRP surging but Bitcoin lagging S&P500.

Following Donald Trump’s 2024 presidential win, Bitcoin initially rose but has since shown mixed performance, rising 18.73% from election day to May 2026 but falling 21.08% since his inauguration. Other major cryptocurrencies like Ethereum and Solana...

Market News
Neutral
4 hours ago
Copper-to-gold ratio breakout signals potential early-stage bitcoin rally ahead.

Copper-to-gold ratio breakout signals potential early-stage bitcoin rally ahead.

The copper-to-gold ratio has risen above its 200-day moving average for the first time since September 2020, a move historically linked to the start of major bitcoin bull markets. This ratio, which reflects economic momentum and investor risk appetit...

Market News
Bullish
5 hours ago
Tokenized U.S. Treasuries hit $15.35B as Bitcoin stalls amid rising Fed rate hike concerns.

Tokenized U.S. Treasuries hit $15.35B as Bitcoin stalls amid rising Fed rate hike concerns.

Tokenized U.S. Treasuries reached a record $15.35 billion in value locked as traders seek safer yields amid growing expectations of a Federal Reserve interest rate hike. Bitcoin remains above $80,000 but struggles to break higher due to inflation wor...

Market News
Neutral
5 hours ago
Craig Wright claims BTC relies too much on intermediaries, unlike his vision of true Bitcoin as peer-to-peer.

Craig Wright claims BTC relies too much on intermediaries, unlike his vision of true Bitcoin as peer-to-peer.

Craig Wright, who claims to be Bitcoin's creator, criticized BTC for depending heavily on intermediaries like Coinbase and the Lightning Network, arguing this makes it vulnerable to surveillance and criticism. He distinguishes BTC from what he calls ...

Market News
Neutral
5 hours ago
Bitcoin holds steady near $81,000 ahead of Trump-Xi talks, with altcoins showing mixed bullish signals.

Bitcoin holds steady near $81,000 ahead of Trump-Xi talks, with altcoins showing mixed bullish signals.

Bitcoin remains stable around $81,000 as President Donald Trump prepares for talks with China's Xi Jinping, focusing market attention on major cryptocurrencies. While Bitcoin and top tokens like Ether and BNB show steady gains and bullish derivatives...

Market News
Bullish
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App