Bitcoin fell below the key $80,000 level on May 8, 2026, driven by renewed U.S.-Iran tensions, profit booking after a recent rally, and mass liquidations exceeding $90 million. This caused the overall crypto market cap to drop to around $2.66 trillion. The geopolitical instability triggered a risk-off sentiment, leading investors to sell volatile assets like Bitcoin in favor of safer options such as the U.S. Dollar. Technically, Bitcoin faces crucial support between $75,000 and $77,000; a failure to hold this could lead to a further decline toward $65,000, while reclaiming $80,000 might signal a rebound toward $90,000.
Bitcoin's price dropped about 14% over the past week due to ETF outflows, weak market sentiment, and declining open interest. U.S. spot Bitcoin ETFs saw roughly $4.57 billion in net outflows over four weeks, signaling reduced institutional demand. An...
Investor Kevin O'Leary believes Bitcoin's major price rally is still pending and will be triggered by clear regulatory action, especially legislation like the Clarity Act. He explains that institutional investors such as pension funds and sovereign w...
Bitcoin is trading near $61,900 as analysts note structural similarities to its 2022 ABC correction pattern. Market analyst TARA highlighted that Bitcoin may currently be between wave B and wave C of a repeating macro wave 2 structure, with a rebound...
Bitcoin briefly dipped below $61,000 following U.S.-Iran military clashes but quickly recovered to above $62,000, pushing the crypto market valuation to $2.21 trillion. The volatility wiped out nearly $94 million in leveraged bitcoin trades. The geop...
Cryptocurrency prices exhibit varied changes, with Bitcoin rising modestly to $61,845 while Ethereum and several altcoins like XRP, Solana, and Cardano decline. This mixed performance reflects ongoing market volatility and investor caution. Traders s...
