Bitcoin Drops Below $79,000
Published: May 13, 2026By BCC AI
What you should know
- Bitcoin has fallen below the $79,000 mark amid recent market volatility.
- Over $250 million in long positions were liquidated within 4 hours.
- $30 billion was erased from the crypto market in just 30 minutes.
- BTC must reclaim above $81k on the daily chart to avoid further downside.
Understanding the Recent Bitcoin Price Drop
The crypto market is experiencing significant volatility as Bitcoin dips below $79,000, triggering massive liquidations. For more details on this development, check this post: