Bitcoin Price Retreats from $79,500 Amid Broader Cryptocurrency Sell-Off Triggered by Oil Price Surge
Crypto markets witnessed a resurgence of volatility on Monday, with bitcoin spiking to $79,480 before swiftly retreating to $77,800. The volatility commenced around 23:00 UTC, coinciding with the opening of US equity and CME bitcoin futures markets, a period often marked by heightened price fluctuations. By 05:30 UTC, the price began to decline after failing to surpass the $80,000 threshold, resu…
April 27, 2026, 10:37 a.m.