📉 Cryptocurrencies sink!

Carnage can be spotted on the cryptocurrency market today. Bitcoin slumping for the second day in a row and in spite of recovering part of losses, still trades around 12% lower today. Bitcoin is trading over 20% off a recent all-time high. A correction from the beginning of January saw price drop as much as 30%. A key level to watch can be found at $45,000, where the lower limit of the Overbalance structure can be found. Breaking below this level may herald a drop towards the previous local high in the $41,500 area.

Bitcoin drops around 12% today. The key support to watch can be found at the $45,000 mark. Source: xStation5

Other cryptocurrencies are also plunging today. Declines in some cases exceed 20%. Source: xStation5

Investors can use CFD contracts on cryptocurrencies to take long positions (if they expect price to rise) or short positions (if they expect price to fall).

20 May 2026, 11:28 AM

Bitcoin faces a key test as ETFs sell. A summer crypto bear market ahead?

19 May 2026, 6:37 PM

Bitcoin slips to $76k reaching the lowest level since the May 1

18 May 2026, 6:42 PM

Daily Summary: Wall Street Under Pressure Ahead of Nvidia Earnings and Gulf Tensions

18 May 2026, 10:17 AM

Chart of the day: Bitcoin (18.05.2026)

Crypto

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