Crypto Market Sees Reversal as Oil Prices Surge, Bitcoin Drops Below $80,000
Crypto markets experienced a surge in volatility on Monday, with bitcoin spiking to $79,480 before swiftly dropping 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 to fall after failing to breach the $80,000 threshold, resulting in a 2% decline w…
April 27, 2026, 10:37 a.m.