Bitcoin slips from near $80,000 as oil price increase weighs on risk assets

Bitcoin slips from near $80,000 as oil price increase weighs on risk assets

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin slips from near $80,000 as oil price increase weighs on risk assetsBitcoin dips after testing $80,000 as oil surges and traders stay bearish, even though a breakout hints the rally could accelerate on short squeezes.By Oliver Knight, Omkar Godbole|Edited by Sheldon Reback Apr 23, 2026, 10:38 a.m. Make preferred on Bitcoin price (CoinDesk Data)What to know: Bitcoin fell 0.7% after failing to break $80,000, while ether dropped 2.5% and broader altcoins showed weak participation Derivatives showed a rare mix of high open interest and negative funding, raising the risk of a short squeeze-driven rally.Rising oil prices and falling stock futures pressured risk assets, while altcoin sentiment and capital flows continue to deteriorate.Th

Source: https://www.coindesk.com/markets/2026/04/23/bitcoin-slips-from-near-usd80-000-as-oil-price-increase-weighs-on-risk-assets