Bitcoin slips below $80,000: Why the 'Trump rally' is hitting a wall of profit-taking

faviconcoindesk.com

May 8, 2026 · 8:24 AM

Bitcoin slips below $80,000: Why the 'Trump rally' is hitting a wall of profit-taking

CryptoQuant says traders are cashing out into strength, Enflux ties the move to easing Hormuz tensions, while Glassnode argues bitcoin has reclaimed key levels needed for a broader recovery.

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Bitcoin slips below $80,000: Why the 'Trump rally' is hitting a wall of profit-taking | cryptobinto