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Bitcoin price drops below $76K as onchain data sends mixed signals

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Bitcoin price drops below $76K as onchain data sends mixed signals

1.46%TRX$0.3244 0.12%LINK$9.22 0.07%ADA$0.246 0.43%BCH$447.67 0.11%XRP$1.37 1.08%ETH$2,290 0.13%BTC$76,176 0.78%XMR$387.12 0.58%BNB$623.40 0.06%XLM$0.1622 1.51%SOL$83.61 1.06%HYPE$39.73 4.99%Written by Nancy Lubale⁠, Staff Writer. Reviewed by Allen Scott⁠, Staff Editor. Written by Nancy Lubale⁠, Staff Writer. Reviewed by Allen Scott⁠, Staff Editor. Bitcoin price drops below $76K as onchain data sends mixed signalsMarketsPublishedApr 28, 2026Bitcoin failed to break $80,000 resistance amid weak onchain fundamentals, but rising spot CVD could support a recovery. Bitcoin (BTC) fell below $76,000 on Tuesday after failing to break $80,000 as uncertainties surrounding the reopening of the Strait of Hormuz and macroeconomic conditions unnerved the market. Meanwhile, technicals and onchain data sent mixed signals on BTC’s ability to sustain the recovery. Bitcoin’s 30% recovery from sub-$60,000 lo

Source: https://cointelegraph.com/markets/bitcoin-price-drops-to-76k-as-onchain-data-sends-mixed-signals?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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