39m ago
Four drivers to watch for Bitcoin and crypto during May 18–22
Crypto markets reversed sharply over the weekend, erasing nearly three weeks of gains as selling intensified. The May 18–22 calendar features U.S. housing and labor data, Fed communications including FOMC minutes, and Nvidia earnings on Wednesday—events that could sway risk assets. Bitcoin slipped under $77,000 in Asian hours, while total crypto market value dropped about $130 billion to $2.64 trillion and Ether fell 2.4% to $2,100.
BTC
BTC-1.63%
39m ago
57m ago
Week in Review: BTC Tests $80,000 as CLARITY Clears Senate Banking 15-9
Bitcoin spent the week locked in a fight around $80,000 as ethereum and most altcoins stayed rangebound. The editorial highlights tradfi-crypto convergence, including Binance listing perpetuals tied to firms like Walmart and Visa, and CME preparing index futures that span BTC, ETH, SOL, XRP, ADA, LINK, and XLM. It also notes U.S. regulatory momentum after the CLARITY markup on Thursday advanced out of Senate Banking by a 15-9 vote, alongside Circle’s ARC raise of $222 million at a $3 billion valuation.
BTC
BTC-1.63%
57m ago
1h ago
Bitcoin dips under $77,000 as 24-hour liquidations hit about $660 million
Bitcoin's drop below $77,000 triggered roughly $660 million in leveraged liquidations over the past 24 hours, with long positions taking most of the losses. The sell-off pushed BTC to an intraday low of $76,696 and wiped out 106,876 traders. In a concentrated 12-hour stretch, forced closures totaled over $618.04 million, while Binance accounted for 45% of liquidations and Bybit logged $104 million.
BTC
BTC-1.63%
1h ago