Bitcoin (BTC) hovered in the low $77,000s on Thursday, extending a mild pullback even as broader sentiment metrics stayed steady—an uneasy mix that suggests traders are waiting for direction while keeping an eye on potential near-term selling pressure from rising exchange inflows.
As of 2:21 a.m. UTC on May 22, Bitcoin was trading at $77,289, down 0.77% on the day. The move follows a brief rebound earlier in the week, but the latest drift lower underscores a market that has struggled to build momentum after the bounce.
Spot trading activity softened alongside the price. Reported 24-hour… Read more
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