Bitcoin
Why Bitcoin is down 1.5% today
Analysis
Bitcoin fell about 1.5% over the past 24 hours as a broader risk-off move and forced selling hit crypto markets, with Decrypt reporting BTC sliding under $77K alongside $672M in liquidations amid a bond sell-off. Sentiment was also pressured by CoinDesk coverage highlighting regulatory overhang risks that could blunt bitcoin’s perceived tailwinds, and by CoinDesk reporting that Bitcoin Depot—once North America’s largest bitcoin ATM operator—filed for bankruptcy.
Contributing Factors (3)
The three risks that could overwhelm bitcoin's regulatory tailwind
Your day-ahead look for May 18, 2026
Bitcoin Slides Under $77K as Crypto Liquidations Top $672M Amid Bond Sell-Off
Analysts flagged that geopolitical shocks no longer "hit crypto directly" thanks to institutional transmission via ETF flows.
Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy
Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 bankruptcy.
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Explanation Confidence
High confidence in the explanation based on source reliability and timing.