{"id":4885,"date":"2026-05-21T15:18:25","date_gmt":"2026-05-21T15:18:25","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4885"},"modified":"2026-05-21T15:18:25","modified_gmt":"2026-05-21T15:18:25","slug":"bitcoin-holds-above-77k-as-investors-search-for-bottom-signal","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4885","title":{"rendered":"Bitcoin Holds Above $77K as Investors Search for Bottom Signal"},"content":{"rendered":"<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>After the Senate voted 50-47 to limit President Trump&#8217;s authority to wage war against Iran, reducing market uncertainty, major cryptocurrencies rose during Wednesday&#8217;s Asian trading hours.<\/strong><\/li>\n<li><strong>When the biggest cryptocurrency temporarily dropped below $60,000 in early February, investors were wondering whether it was the market bottom.<\/strong><\/li>\n<\/ul>\n<p>Following last week&#8217;s failure to break over $83,000, the cryptocurrency market remained quiet on Wednesday as it struggled with a critical level of support. The biggest cryptocurrency has gained 0.7% since midnight UTC and is now trading around&nbsp;$77,400.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><\/figure>\n<\/div>\n<h3 class=\"wp-block-heading\" id=\"h-positive-developments\">Positive Developments<\/h3>\n<p>After the Senate voted 50-47 to limit President Trump&#8217;s authority to wage war against Iran, reducing market uncertainty, major cryptocurrencies rose during Wednesday&#8217;s Asian trading hours. As oil and Treasury rates declined, XRP, solana, and Bitcoin all rose modestly.<\/p>\n<p>Investors were anticipating the minutes from the Federal Reserve&#8217;s April meeting, which added to the positive mood, and Mr. Trump had <a href=\"https:\/\/thenewscrypto.com\/trump-pushes-digital-assets-into-u-s-banking-system\/\" data-wpel-link=\"internal\">already ordered<\/a> the Fed to examine the access of depository institutions to payment systems. When the biggest cryptocurrency temporarily dropped below $60,000 in early February, investors were wondering whether it was the market bottom.<\/p>\n<p>While it&#8217;s impossible to tell for sure, some onchain and derivatives indices, together with bitcoin&#8217;s recent price recovery over $77,000, indicate that the worst of the current drop may be behind us.<\/p>\n<p>Realized Cap is the initial statistic, and it calculates the overall worth of <a href=\"https:\/\/thenewscrypto.com\/bitcoin-faces-pressure-as-retail-btc-activity-hits-record-low\/\" data-wpel-link=\"internal\">bitcoin<\/a> by taking into account the last price each coin changed onchain. Market capitalization represents investors&#8217; aggregate cost basis and is based on the current market price; it varies in that regard. Tracking capital entering or exiting the network is a common use case for it.<\/p>\n<p>As bitcoin fell more than half from its October record high, realized cap peaked at $1.12 trillion and then dropped to around $1.08 trillion. That&#8217;s a huge loss of wealth, maybe among the biggest ever recorded. But now the indicator is beginning to stabilise and build a foundation, much as it did in the bear market lows of 2022.<\/p>\n<p><strong>Highlighted Crypto News Today:<\/strong><\/p>\n<p><a href=\"https:\/\/thenewscrypto.com\/south-carolina-enacts-crypto-friendly-bill-into-law\/\" data-wpel-link=\"internal\">South Carolina Enacts Crypto-Friendly Bill Into Law<\/a><\/p>\n<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After the Senate voted 50-47 to limit President Trump&#8217;s authority to wage war against Iran, reducing market uncertainty, major cryptocurrencies rose during Wednesday&#8217;s Asian trading hours. When the biggest cryptocurrency temporarily dropped below $60,000 in early February, investors were wondering whether it was the market bottom. Following last week&#8217;s failure to break over $83,000, the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4885","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\/4885","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=4885"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4886"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}