Gate News bot message, Gate market data shows that BTC broke below 80,000 USDT, with the current price at 79,979.3 USDT.
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 Clears $78K-$79K Cost Basis Levels, Eyes $85.2K Resistance
Bitcoin is trading near $81,000 and has cleared two onchain cost basis levels that analysts consider structurally significant, with the market now approaching what Glassnode calls the next major ceiling at $85,200, according to Glassnode's weekly onchain report. Spot bitcoin ETFs have reinforced bul
CryptoFrontier1h ago
Project Eleven CEO Warns $2.3T Bitcoin at Risk from Quantum Computers
At the Consensus conference in Miami, Project Eleven CEO Alex Pruden warned that approximately $2.3 trillion worth of Bitcoin is exposed to quantum computing threats, urging developers to adopt post-quantum cryptography signatures in advance. Pruden emphasized that Bitcoin's transition to quantum-re
GateNews4h ago
Bitcoin Clears Key Onchain Levels, Eyes $85K Resistance With $1.69B ETF Inflow Streak
According to Glassnode, Bitcoin is trading near $81,000 on May 7 and has cleared two key onchain cost basis levels—the True Market Mean at $78,200 and the Short-Term Holder Cost Basis at $79,100. Spot Bitcoin ETFs recorded their fifth consecutive day of net inflows on May 7, drawing $46.3 million an
GateNews4h ago
Spot BTC ETFs in the U.S. attracted inflows for 5 straight weeks; last week alone brought in $1.05 billion, and total assets surged to $108.7 billion
US spot Bitcoin ETFs have drawn inflows for 5 straight weeks: net inflows of about $3.8 billion over 5 weeks, with $1.05 billion in a single week. Total assets reached $108.7 billion, setting a new all-time high. Observers say this signals real spot demand, with institutions shifting from delta-neutral de-risking to pure long exposure. Three key drivers: easing tensions with Iran, AI boosting momentum, and progress on the CLARITY Act legislation. Next, watch weekly inflows, the CLARITY Act progress, and the results of Iran negotiations.
ChainNewsAbmedia5h ago
Trump's Bitcoin Reserve Plan Announcement Expected Within Weeks
US President Donald Trump's administration is preparing to announce its strategic Bitcoin reserve plan within the coming weeks, according to Patrick Witt, head of the White House Cryptocurrency Advisory Committee. Witt made the statement at the Consensus conference in Miami, noting that the US
CryptoFrontier5h ago
