Bitcoin ($BTC) price has dropped below $80,000 on May 8 after a rejection above $82,850 was accelerated by notable spot selling. $BTC price fell 1.34% over the past 24 hours, losing around $1,083 to trade at about $79,840 at press time. As such, the flagship coin’s market capitalization declined by $21.5 billion to hover at
Bitcoin moved back into a volatile phase after breaking through resistance and entering the $82K–$83K area, according to Glassnode. The move ended weeks of tight compression and brought fresh attention to options positioning on Deribit. Glassnode’s $BTC Options Weekly data showed a market adjusting quickly beneath the surface. Short-term implied volatility picked up, skew shifted
Bitcoin has outperformed major traditional assets over the past decade, according to a Morgan Stanley E*TRADE report. The report showed Bitcoin posted an average annual return of 85.5% over 10 years, far ahead of the Nasdaq-100 Index at 19.4%, the S&P 500 Index at 13.3%, and gold at 13.2%. Source: Morgan Stanley E*TRADE report The
The latest Bitcoin price trajectory has triggered predictions among crypto analysts and experts across the industry. The cryptocurrency is trading around the $80,000 price zone, which most people consider a significant resistance. Most technical analysts believe a break above this region will detangle $BTC, allowing it to surge higher, while a rejection could imply a
Bitcoin’s price pulled back from an $82,833 local high last Wednesday, returning below the $80,000 mark to leave the cryptocurrency in critical condition, according to data from TradingView. The latest Bitcoin display highlights the significance of its current price region, with analysts citing crucial events that could trigger extended moves up or down, depending on
The European Union is racing against a self-imposed deadline to implement its side of the existing US-EU trade accord, with the next formal trilogue round set for May 19 in Strasbourg. President Donald Trump threatened on May 2 to lift tariffs on EU cars and trucks to 25% from 15%, a move the Kiel Institute
Cathie Wood and Changpeng Zhao recently discussed Bitcoin, market cycles, and the October 11 crypto flash crash during a podcast conversation that quickly gained attention across the crypto community. For the unversed, the October 10–11, 2025 flash crash was one of the biggest sell-offs crypto had ever seen, wiping out more than $19.5 billion in
Bitcoin trades at $79,642 on May 9, holding above the 20 EMA after a multi-month recovery but facing its first ETF outflow day in nearly a week, with Fundstrat’s Tom Lee drawing a clear line in the sand at $76,000 for May’s monthly close. What the Daily Chart Says About $80,000 Bitcoin Daily Price Action
US-listed spot Bitcoin ($BTC) exchange-traded funds (ETFs) snapped a five-day inflow streak totaling nearly $1.7 billion as Bitcoin dipped below $80,000. Bitcoin funds logged $277.5 million in outflows on Thursday, marking the first daily outflows in May, according to SoSoValue data. Daily spot Bitcoin ETF flows since Friday. Source: SoSoValue The Fidelity Wise Origin Bitcoin