Bitcoin halts recovery near $78,000 as US sell-off intensifies ahead of Nvidia earnings
Bitcoin's recovery has stalled near the $78,000 mark as US equity markets experience a sell-off. On-chain data indicates that $78,100 is a critical level for Bitcoin, with most recent buyers currently at a loss. The upcoming Nvidia earnings report is seen as a significant factor influencing market sentiment and potential price movements.
- ▪Bitcoin was last trading near $74,000, approximately 5.2% below the critical threshold of $78,100.
- ▪Selling pressure is primarily driven by institutional and ETF-related flows rather than retail panic.
- ▪Nvidia's Q1 earnings report is anticipated to impact market sentiment across various risk assets, including Bitcoin.
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Bitcoin halts recovery near $78,000 as US sell-off intensifies ahead of Nvidia earnings On-chain data pins $78,100 as the key level Bitcoin needs to reclaim, but fading ETF inflows and pre-earnings jitters are making that a tall order. Share Add us on Google by Editorial Team May. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Bitcoin’s latest attempt to claw back lost ground ran out of steam right around the $78,000 mark on…
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