Bitcoin Dips Below $80K as Analysts Say Profit-Taking Is on the Rise – Decrypt

May 7, 2026 - 19:45
Bitcoin Dips Below $80K as Analysts Say Profit-Taking Is on the Rise – Decrypt
In brief Bitcoin’s rally stalled on Thursday as the top crypto asset fell below $80,000. Analysts at CryptoQuant note that the asset’s recent rise has led to increased profit taking for traders. While it may take time to realize, the report indicates that a correction could come as the bear market continues. Bitcoin rallied to...

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