{"id":4819,"date":"2026-05-15T15:16:59","date_gmt":"2026-05-15T15:16:59","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4819"},"modified":"2026-05-15T15:16:59","modified_gmt":"2026-05-15T15:16:59","slug":"bitcoin-settles-under-80k-as-market-sentiment-turns-cautious","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4819","title":{"rendered":"Bitcoin Settles Under $80K as Market Sentiment Turns Cautious"},"content":{"rendered":"<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Out of a total of $117 million in 24-hour BTC liquidations, $102 million were longs, demonstrating how biased positioning had become.<\/strong><\/li>\n<li><strong>In the wake of the Trump-Xi meeting, Asian stock markets were volatile, and cryptocurrency prices fell.<\/strong><\/li>\n<\/ul>\n<p>With <a href=\"https:\/\/thenewscrypto.com\/nakamoto-q1-revenue-jumps-despite-heavy-bitcoin-losses\/\" data-wpel-link=\"internal\">Bitcoin<\/a> still below $80,000 and other altcoins suffering steep losses, Thursday&#8217;s crypto market was muted. After falling as low as $78,720 on Wednesday, the biggest cryptocurrency was lately trading around $79,800. Most importantly, it is still trading below\u00a0the weekly open price of $82,500.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><\/figure>\n<\/div>\n<h3 class=\"wp-block-heading\" id=\"h-rising-inflation-concerns-and-global-political-tensions\">Rising Inflation Concerns and Global Political Tensions<\/h3>\n<p>The Producer Price Index (PPI) rose 6%, marking its highest annual level since 2022 and adding fuel to the fire of inflation fears, which has put pressure on risk assets after the release of high-profile inflation numbers from the US.<\/p>\n<p>After reaching 50\/100 on Monday, the Altcoin Season indicator retreated to 43\/100, indicating that crypto investors are in a risk-off sentiment. Open interest (OI) fell 2% to $133 billion, indicating that some positions have been terminated amidst increasing trading activity, while futures volume over 24 hours jumped 14% to $189 million.<\/p>\n<p>The great bulk of the 68% increase to roughly $400 million in liquidations came from long holdings. The current move effectively eliminated leveraged bullish wagers, according to this indicator.<\/p>\n<p>Out of a total of $117 million in 24-hour BTC liquidations, $102 million were longs, demonstrating how biased positioning had become. This lends credence to the notion that market players were highly anticipating a price breakthrough over the 200-day moving average, which is located somewhat above $82,000.<\/p>\n<p>During their first encounter at the Great Hall of the People, Xi pushed <a href=\"https:\/\/thenewscrypto.com\/trump-signature-on-us-dollar-sparks-debate-over-historic-break-from-tradition\/\" data-wpel-link=\"internal\">Trump<\/a> on Taiwan, and the Chinese leader&#8217;s forthright words shook risk sentiment throughout the world. In the wake of the Trump-Xi meeting, Asian stock markets were volatile, and cryptocurrency prices fell.<\/p>\n<p>Traders are keeping an eye on $78,000 as the next critical support level for Bitcoin, while most cryptocurrencies had a general decrease. Solana was the worst hit, while Dogecoin was the only one to show a little rise.<\/p>\n<p><strong>Highlighted Crypto News Today:<\/strong><\/p>\n<p><a href=\"https:\/\/thenewscrypto.com\/massive-us-spot-bitcoin-etf-outflows-shake-market-momentum\/\" data-wpel-link=\"internal\">Massive US Spot Bitcoin ETF Outflows Shake Market Momentum<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Out of a total of $117 million in 24-hour BTC liquidations, $102 million were longs, demonstrating how biased positioning had become. In the wake of the Trump-Xi meeting, Asian stock markets were volatile, and cryptocurrency prices fell. With Bitcoin still below $80,000 and other altcoins suffering steep losses, Thursday&#8217;s crypto market was muted. After falling&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4819"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4820"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}