Bitcoin briefly slips below $80,000, but options traders are betting the dip won’t lastDespite 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). π° Top NewsBitcoin briefly slips below $80,000, but options traders are betting the dip won’t lastDespite 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 14The 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 promiseTON has doubled as traders bet Telegram is turning the blockchain into the financial layer of its messaging empire. Buy Borrow Die Guide Series: Why collateral reuse is the hidden risk in crypto lendingRehypothecation is a core risk in crypto lending. Learn how collateral reuse works, why it has amplified past failures, and how to evaluate safer platforms. Brought to you by CoinRabbit. π️ More News8 reasons to lock in always-on visibility on CryptoSlateIf your company wants meaningful reach in crypto throughout 2026, CryptoSlate is the safe, high-leverage choice. Here is why advertisers choose us:
About CryptoSlateCryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram
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Bitcoin briefly slips below $80,000, but options traders are betting the dip won’t last
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