Bitcoin's Price Reversal: A $79,500 Setback Amid Broader Cryptocurrency Sell-Off Sparked by Oil Price Surge
Crypto markets witnessed increased volatility on Monday, with bitcoin surging to $79,480 before rapidly retreating to $77,800. The price movement began around 23:00 UTC, coinciding with the opening of US equity and CME bitcoin futures, a period often marked by heightened volatility. By 05:30 UTC, the price started falling after failing to break through the $80,000 barrier, resulting in a 2% decli…
April 27, 2026, 10:37 a.m.