Bitcoin Price Today Slips to $77,332 as Cuban Sells and HYPE Hits Record
Bitcoin price today sits at $77,332 (−0.29%) after Thursday brought a controlled leverage flush, Mark Cuban disclosed he sold most of his BTC, and Hyperliquid’s HYPE printed a record near $62. The Ichimoku cluster at 77,970 caps every rally; the $75K–77K HashKey support line decides the next move. Long-term-holder supply just hit 16.3M.
The Big Three
BTC closed Thursday at $77,332 (−0.29%), low $77,266, after CoinDesk-tracked leverage flushed both longs and shorts in the 76,685–78,124 band. HashKey’s Tim Sun flagged $75K–77K as the line that decides whether this is a flush or the start of a deeper move; funding stayed subdued through the wash, signalling de-risking, not capitulation.
MACD histogram flipped red at −560 with line 96 cutting below signal 656 — the first clean bearish cross since the May 4 breakout above $80K. RSI fast 46.81 is below the slow 53.55, and the Kijun/cloud cluster at 77,970/78,873/78,948 is now a wall of overhead supply. The 200-DMA at 79,354 is the bigger pivot.
Cuban sold most of his Bitcoin, telling Front Office Sports that BTC “lost the plot” as gold ran to $4,548 and BTC fell 38.4% from its $126,080 October ATH. Counter-signal: CheckOnChain shows long-term-holder supply has surged past 16.3M BTC, breaking a multi-year downtrend — retail capitulates, conviction holders accumulate.
02 Perpetuals Board
| Pair | Price | 24h | Volume |
|---|---|---|---|
| BTCUSDT | 77,476.3 | −0.77% | $2.57B |
| ETHUSDT | 2,130.87 | −0.66% | $1.56B |
| HYPEUSDT | 57.92 | −1.10% | $355M |
| SOLUSDT | 87.28 | +0.24% | $282M |
| XAUUSDT | 4,532.21 | −0.11% | $260M |
| XAGUSDT | 76.26 | +0.94% | $210M |
| ZECUSDT | 653.48 | −2.32% | $77M |
| NEARUSDT | 2.27 | +29.6% | $102M |
Live Market IntelligenceCrypto — Live Market Board
Rio Times · Live Market Intelligence
Crypto — Live Market Board
+0.89%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| BTC | 65,264 | +0.89% | -44.43% | 64,691 | 65,591 | 65,152 | 30,590,232,576 |
| ETH | 1,907 | +1.92% | -49.32% | 1,872 | 1,916 | 1,901 | 11,673,574,400 |
| SOL | 77.80 | +1.89% | -60.29% | 76.36 | 78.18 | 77.67 | 2,008,418,176 |
| XRP | 1.11 | +1.59% | -68.68% | 1.10 | 1.12 | 1.11 | 1,202,358,272 |
| BNB | 572.04 | +0.29% | -25.40% | 570.40 | 573.38 | 570.66 | 1,076,841,728 |
| ADA | 0.17 | +2.30% | -80.93% | 0.17 | 0.17 | 0.17 | 397,462,240 |
| DOGE | 0.07 | -0.14% | -73.44% | 0.07 | 0.07 | 0.07 | 677,944,192 |
| AVAX | 6.60 | +2.23% | -74.07% | 6.46 | 6.62 | 6.57 | 282,183,104 |
| LINK | 8.59 | +2.58% | -56.04% | 8.37 | 8.62 | 8.57 | 235,680,912 |
| DOT | 0.83 | +1.07% | -81.66% | 0.82 | 0.83 | 0.83 | 86,750,088 |
| LTC | 47.21 | +0.36% | -59.25% | 47.04 | 47.42 | 47.15 | 295,131,360 |
| BCH | 220.87 | +2.79% | -57.82% | 214.88 | 221.05 | 219.72 | 108,802,144 |
| TRX | 0.33 | -0.39% | +3.62% | 0.33 | 0.33 | 0.33 | 404,405,792 |
| XLM | 0.19 | -0.39% | -60.44% | 0.19 | 0.19 | 0.19 | 138,651,024 |
| HBAR | 0.07 | +0.29% | -75.43% | 0.07 | 0.07 | 0.07 | 42,938,068 |
| NEAR | 1.99 | +4.15% | -34.13% | 1.91 | 2.00 | 1.97 | 196,587,264 |
| ATOM | 1.49 | +0.68% | -71.40% | 1.47 | 1.50 | 1.49 | 27,564,922 |
| AAVE | 90.38 | +1.17% | -71.97% | 89.33 | 90.96 | 89.73 | 181,012,896 |
03 Why It Slipped
Local Driver: Cuban capitulation lands as long-term holders accumulate
Mark Cuban’s admission that he sold most of his BTC — delivered on the Front Office Sports “Portfolio Players” podcast Thursday — crystallised the lost-decade narrative: gold ran to $4,548, BTC fell 38.4% off its $126,080 October ATH, and the hedge thesis broke. Harvard liquidated its ETH stake the same day. Yet CheckOnChain’s long-term-holder supply just crossed 16.3M BTC, breaking a multi-year downtrend and signalling that conviction money is buying the headlines retail sells.
External Trigger: 30Y above 5%, Fed hike odds at 52%, fresh Iran deal report
The US 30-year yield broke above 5% and Polymarket-implied 2026 Fed hike odds reached 52% — a regime under which BTC has historically struggled. Axios reported another Iran peace-deal draft Thursday; Brent at $98 reflects the cooling oil-shock premium. The mix — sticky long rates, hot CPI, fading geopolitical risk — drains the liquidity-easing narrative BTC needs to retake the $80K breakout zone.
§04 · Market Commentary
The session was textbook dispersion. BTC and ETH drifted sub-1%, gold barely moved, and the alt board fractured: HYPE roared to a record $62.14 on $25.5M of US spot-ETF inflows, NEAR ripped +29.6% on protocol news, ZEC and QRL surged 25% on quantum-attack fears after a privacy-chain startup proposed a soft fork to freeze Satoshi’s dormant 1.1M BTC. The Block flagged HYPE as the day’s best-performing top-100 token by a wide margin — narrative leadership is rotating decisively away from BTC into perp-DEX and privacy names.
The structural read is harder. Deribit’s BTC open interest now exceeds BlackRock’s IBIT at $31.3B as traders crowd into $82K calls ahead of the May 29 expiry, with $75K max-pain pulling the other way — a $6B showdown. Coinbase premium hit a monthly low on institutional selling, Blockchain.com filed for IPO, and Binance launched SpaceX pre-IPO perps. Plumbing builds out while spot sells off; that is what a leverage-flush bottom looks like, but never feels like.
05 Technical Snapshot
BTC at 77,332 sits inside the dense Kijun/cloud-top stack at 77,970/78,873/78,948 — the wall that capped Wednesday’s rejection and now sits as overhead supply. The 200-DMA at 79,354 is the structural pivot a recovery has to reclaim. Lower-cloud edge 76,425 and 50-DMA 75,968 mark the immediate floor; HashKey’s 75K–77K band is the line of last defense before 74,265 BB-lower opens up. MACD histogram −560 with line below signal is a fresh bearish cross.
06 Forward Look
07 Questions & Answers
Verdict
BTC is range-bound between HashKey’s $75K–$77K support and the Kijun/200-DMA wall at $77,970–$79,354. Cuban’s sale is the loudest retail-grade capitulation since February, yet long-term-holder supply is at a multi-year high. HYPE’s record cements the rotation: capital is flowing to revenue-generative protocols, not hedge proxies. The May 29 Deribit expiry is the binary.
Related: May 19 BTC report · ETF outflow week · LATAM crypto guide.
Binary in 7 days: May 29 expiry, $75K vs $82K, settles the spring tape.
Disclaimer: This report is editorial market analysis based on publicly available data. It is not investment advice. Markets carry risk; consult a licensed professional before trading.
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