Bitcoin Falls to $80,800 After Trump Comment
Why it matters: Bitcoin traders keep bullish as price holds above $76k, while altcoin losers see gains; oil‑sensitive equities and crypto futures face tighter positioning, shifting capital toward safe‑haven assets.
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- Bitcoin fell ~1% to $80,800, staying above Tom Lee’s $76,000 support line.
- Ether dropped 2% to $2,290 as Brent crude rose to $107 per barrel and the U.S. Dollar Index edged up 0.4%.
- CRO, CRV, and TON each gained 5‑10% (CRO at $0.08090) while most altcoins underperformed.
- US equity futures slipped after Donald Trump said the Iran cease‑fire was “on massive life support,” pushing oil higher and the DXY up.
- Crypto futures open interest hit $125 bn despite a 6% volume decline; ZEC open interest fell >10% and its price slid to $550.
