Bitcoin Price Retreats from $79,500 High as Crypto Market Experiences Widespread Selloff
Crypto markets witnessed a return of volatility on Monday, with bitcoin surging to $79,480 before swiftly plummeting to $77,800. The upheaval commenced around 23:00 UTC, coinciding with the opening of US equity and CME bitcoin futures, a period typically marked by heightened volatility. By 05:30 UTC, the price had begun to fall after failing to breach the $80,000 threshold, resulting in a 2% drop…
April 27, 2026, 10:37 a.m.