Bitcoin Falls Below $80,000, Down 1.86% on May 7

BTC0.85%

According to Glonhu, Bitcoin fell below $80,000 on May 7, declining 1.86% intraday.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Breaks $77,000 on May 1, Up Over 1% Intraday

According to Glonhu, Bitcoin broke $77,000 on May 1, rising over 1% intraday.

GateNews16m ago

American Bitcoin Reports $82M Q1 Loss, Second Consecutive Quarterly Decline

According to Glong Hui, American Bitcoin reported on May 7 that the mining company posted an $82 million net loss in the first quarter, marking its second consecutive quarterly loss. Revenue declined approximately 20 percent to $62 million, driven by declining bitcoin holdings value. The company

GateNews30m ago

Bitcoin Breaks $82,000 for First Time Since January 31

According to Glonhu, on May 6, Bitcoin broke through $82,000, marking its highest level since January 31.

GateNews30m ago

Crypto-Related Stocks Surge Pre-Market on May 5, Nabbittco Up Over 8% as Bitcoin Hits $81,343

According to Gelonghui, on May 5, crypto-related stocks surged in pre-market trading. Nabbittco gained over 8%, Circle rose over 6%, CaliberCos climbed 5%, while Coincheck Group, American Bitcoin, Greenpan, and GameSquare each advanced over 4%. Bitcoin broke through $81,000 intraday,

GateNews31m ago

CryptoQuant: Bitcoin Profit-Taking Risk Rises Amid Bear Market Rally

Bitcoin profit-taking could increase further after the recent price rally, according to onchain analytics firm CryptoQuant. Bitcoin has risen over 20% since the start of April to a three-month high, driven by earlier undervaluation, easing macroeconomic pressure, and increased perpetual futures

CryptoFrontier36m ago

Bitcoin’s 5-Year Rising Wedge Could Trigger a Massive Breakout Despite Bearish Signals

Five-year rising wedge shows high failure rate, suggesting potential bullish breakout scenario. PMI expansion and liquidity return strengthen Bitcoin’s chances of upward momentum continuation. Macro conditions and compression patterns point toward possible all-time-high breakout

CryptoNewsLand52m ago
Comment
0/400
No comments