Once again, Bitcoin has decided to play the roller‑coaster that it claims he never wants to ride. It zapped back from a modest $78,000 show, after losing a grand 4,000 dollars since Thursday’s high at $82,000. Investors are now wondering if it’s an adrenaline junkie or just trying to see how many times it can fall off the cliff before the clip‑board emoji finally feels uncomfortable.
Alts in the big‑cap arena? They’re doing the classic “one last‑minute jog and then benched for the day” routine. Only the privacy coins are throwing in their hat into the ring and pulling off an impressive comeback (and a couple of high‑five emoji). You know, because silence is a thing.
BTC Stays on the Slope of 78K
Less than 11 days ago, Bitcoin had its “we are practically cliffs now” moment, climbing to a three‑month peak of nearly $83,000. That’s like trading a teacup for a bomb, only to have the market whisper politely, “Just a little lower, thanks.” We saw it wobble to $79,000 by Friday, only to take a quick weekend nap and suddenly, poof, re‑rise past $82,400 by Monday. It took a rebellious fall to $80,000 the next few days. Bears were definitely wearing glitter at that point.
The day after, they sent it to the south pole at $78,500, and suddenly the U.S. Congress announced the CLARITY Act. Bitcoin did a little celebratory dance, i.e., leapt several grand to $82,000 again. Resistance (the mood rings of crypto, anyone?) rebelled, sending it back down to $80,500 in what felt like a blink. Friday night and Saturday put the spotlight on a two‑week low of $77,600. Now it hovers a few pence above $78,000, because stability is overrated.
As a side note, its market cap incubated at about 1.560 trillion, still ruling the dominance table at over 58% – you see in that dominion where alts are just trying to keep up.
PI Is Now a Minor League Player
Loading… the rest of the whole “alts” group is just a quiet assembly. ETH, XRP, SOL, and BNB are slightly in the red, basically thinking about maybe staying red. TRX, ADA, and DOGE are giving the world a tiny “I’m doing a little better” moment. HYPE’s screaming above 2% to $43, XMR’s chirping at 3% to $390, ZEC jumps past $515 after a 4.5% increase. Pi Network’s PI token, though, is taking a dive in the near term: a sudden drop of 8% week‑over‑week, losing support at $0.165. Some analysts think this could be an opening for a one‑for‑all‑the-starting‑again drop. It’s out of the top 50 alts by market cap. Boom. That’s a velvet rope all on its own.
The total crypto market cap collapsed below $2.680 trillion on CG after throwing more than $100 billion out since Thursday’s royal high. Investors are now guessing, “What does the next Friday look like? Will I still own a piece of pizza, or is my pizza going to haunt me?”
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2026-05-17 12:16