Bitcoin Price Retreats from $79,500 High as Oil Price Surge Sparks Crypto Market Sell-Off
Crypto markets experienced a resurgence of volatility on Monday, with bitcoin surging to $79,480 before swiftly plummeting to $77,800. The price movement commenced around 23:00 UTC, coinciding with the opening of US equity and CME bitcoin futures, a period often characterized by heightened market fluctuations. By 05:30 UTC, the price began to decline after failing to breach the $80,000 threshold,…
April 27, 2026, 10:37 a.m.