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Bitcoin (BTC) Tumbles Under $77K Amid Soaring Oil Prices and Treasury Yield Surge
Bitcoin (BTC) slipped beneath the $77,000 threshold during Monday’s Asian trading session, registering its weakest level since the beginning of May. The downturn came as escalating oil prices and climbing Treasury yields prompted market participants to retreat from higher-risk investments. BTC was recently changing hands near $76,726, representing approximately a 1.5% decline for the day. The leading cryptocurrency momentarily breached the $80,000 mark during the previous week but couldn’t sustain momentum at those elevated levels. Crude oil advanced beyond $110 per barrel on Monday. News of drone-related ... (full story)
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From dailyforex.com|May 18, 2026That being said if we do break above the 200-day EMA then the $84,000 level offers a target. If we're breaking above there anytime soon then I think $95,000 makes a lot of sense, ...
