Bitcoin fell below $80,000 after U.S. strikes in Iran pushed oil briefly above $100, pressuring crypto risk appetite across markets. The move liquidated about $300 million in futures bets and pushed traders toward more bearish positioning as volatility accelerated.
Block Inc. performs strongly on a YoY basis despite posting quarterly losses partly tied to Bitcoin-related accounting adjustments.
Bullish projections are multiplying on bitcoin. Supported by flows to US spot ETFs and the return of institutional investors, the market now sees a target of 115,000 dollars before the end of the year.
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.
Bitcoin fell to $79,381 as U.S.-Iran Strait of Hormuz strikes crushed risk appetite. Key support at $78,920. Technical levels, analyst targets, and what breaks the six-week winning streak.
Renowned financial and crypto speaker Fred Krueger published a detailed breakdown that, at least for him, puts an end to the long-running search for the Bitcoin creator known as Satoshi Nakamoto. According to Krueger, the pseudonym did not belong to one person, but to a duo of legendary cypherpunks - Hal Finney and Len Sassaman.
Bitcoin (BTC) price has dropped below $80,000 on May 8 after a rejection above $82,850 was accelerated by notable spot selling.
Friday's U.S. nonfarm payrolls report could inject volatility into the crypto market. Economists expect April job growth to slow sharply, with payrolls forecast to rise by just 62,000 compared with March's 172,000, while the unemployment rate is seen holding steady around 4.3%, according to Reuters.
Bitcoin ETFs posted $277.5M in outflows after five inflow days as BTC dipped below $80K, while MSBT still attracted new capital.
Buyers on Binance shifted decisively in recent weeks. The exchange's seven-day net taker volume swung from roughly -$1 billion in late March — a period dominated by sellers — to around $2.6 billion by early May, signaling that demand had returned with some force.
Crypto exchanges are emptying their bitcoins at a pace rarely seen in two years. In less than three months, nearly 100,000 BTC have left Binance, OKX, and Gemini, amounting to over 8 billion dollars withdrawn from the market.
On-chain analytics firm CryptoQuant has identified a significant divergence in the demand structures driving Bitcoin and Ethereum's recoveries in 2026, with Bitcoin attracting sustained institutional spot buying while Ethereum's price stability reflects reduced selling pressure rather than genuine new demand — a distinction that carries major implications for the broader market's next move. Related Reading: Bitcoin Reclaims Short-Term Holder Cost Basis—What It Means According to CryptoQuant's analysis of on-chain and exchange data covering April and early May 2026, Bitcoin and Ethereum are operating under fundamentally different demand regimes.