Bitcoin hovers near $77,440 on May 20 as traders watch $78,000 resistance

Bitcoin traded slightly higher on May 20 at 8 a.m. ET, holding around $77,440 as the market weighed mixed momentum signals and nearby resistance. BTC was up about 0.4% over 24 hours with roughly $26.69 billion in volume, while traders focused on whether price can clear the $77,500–$78,000 zone or slip back toward support near $76,500.