Bitcoin falls to $76,711 amid U.S.-Iran conflict, Ether, Solana slide
NewsBytes | May 18, 2026 1:39 PM CST
Heavy selling wipes $550 million longs
Heavy selling led to $550 million in bullish crypto positions being wiped out during early Asian hours, per Coinglass.
Bitcoin ETFs saw more than $1 billion pulled out last week, the most since late January.
Traders are watching the $77,500 mark closely and picked up about $38 million in put options for May 18, signaling caution.
Analyst Rachael Lucas says support sits around $76,000 to $76,800 and a close above $80,000 could ease the pressure.
READ NEXT
-
10 Homemade Indian Drinks That Are Perfect For Hot Summer Days
-
Can Stress Cause High Blood Pressure In Your 20s And 30s? Here’s What Experts Say
-
Can You Lose Weight With PMOS? Fitness Influencer Shares 7 Weightloss Tips
-
Driving Without Car Insurance In India: Fines, Laws And What Happens If You Get Caught
-
MS Dhoni Farewell On Cards? Chennai Super Kings Ask Fans To Stay After Final Home Game Vs SRH
