Bitcoin briefly slips below $80,000, but options traders are betting the dip won’t last
Despite the brief slide under $80,000, aligning on-chain metrics and resilient options markets point toward a potential structural breakout
Hello, Saturday.
Markets are flashing conflicting signals: Bitcoin briefly dips below $80,000 even as options traders brace for a rebound, the Senate schedules a critical markup on the CLARITY Act that could reshape stablecoin rules, and TON rockets higher after Telegram’s latest move stirs both excitement and debate over Web3’s core ideals. Explore the full stories below.
The global crypto market cap is $2.69 trillion, with a 24-hour volume of $70.82 billion. The price of Bitcoin is $80,745.29, and BTC market dominance is 60.2%. The price of Ethereum is $2,326.86, and ETH market dominance is 10.5%. The best-performing sector is Computing, which gained 5%. The Crypto Fear & Greed Index is currently Extreme Fear (38).
📰 Top News
Bitcoin briefly slips below $80,000, but options traders are betting the dip won’t last
Despite the brief slide under $80,000, aligning on-chain metrics and resilient options markets point toward a potential structural breakout
Bankers are scrambling as Senate schedules CLARITY Act markup for May 14
The markup will test whether the stablecoin compromise can survive pressure from banks, crypto firms and Democrats seeking ethics language.
TON price doubles after Telegram made a move critics say cuts against crypto’s core promise
TON has doubled as traders bet Telegram is turning the blockchain into the financial layer of its messaging empire.
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