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
-0.26%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| BTC | 63,384 | -0.26% | -47.24% | 63,552 | 64,346 | 63,305 | 22,774,743,040 |
| ETH | 1,886 | +0.26% | -58.90% | 1,881 | 1,920 | 1,879 | 7,916,475,392 |
| SOL | 75.89 | -0.40% | -60.44% | 76.20 | 76.99 | 75.39 | 1,473,821,056 |
| XRP | 1.01 | -1.15% | -69.07% | 1.02 | 1.02 | 1.01 | 1,144,044,416 |
| BNB | 609.60 | -1.12% | -26.81% | 616.50 | 619.30 | 609.23 | 1,266,706,432 |
| ADA | 0.18 | -1.98% | -78.22% | 0.19 | 0.19 | 0.18 | 238,085,632 |
| DOGE | 0.07 | -1.56% | -70.00% | 0.07 | 0.07 | 0.07 | 553,256,192 |
| AVAX | 6.38 | +1.04% | -74.11% | 6.32 | 6.42 | 6.21 | 248,470,560 |
| LINK | 8.77 | -0.06% | -62.73% | 8.77 | 8.87 | 8.68 | 317,054,880 |
| DOT | 0.78 | -0.75% | -81.11% | 0.79 | 0.80 | 0.78 | 43,490,492 |
| LTC | 45.08 | -0.85% | -65.45% | 45.47 | 45.59 | 44.98 | 143,727,712 |
| BCH | 213.85 | +0.10% | -65.44% | 213.64 | 215.69 | 212.54 | 137,956,688 |
| TRX | 0.34 | +0.28% | -4.73% | 0.33 | 0.34 | 0.33 | 436,576,064 |
| XLM | 0.16 | -1.33% | -64.46% | 0.16 | 0.16 | 0.16 | 89,559,864 |
| HBAR | 0.07 | -0.53% | -74.67% | 0.07 | 0.07 | 0.07 | 22,546,186 |
| NEAR | 1.65 | +2.42% | -40.55% | 1.62 | 1.68 | 1.61 | 187,591,264 |
| ATOM | 1.40 | -2.36% | -70.15% | 1.44 | 1.44 | 1.40 | 18,626,964 |
| AAVE | 89.06 | +0.93% | -72.33% | 88.24 | 90.20 | 88.19 | 129,099,704 |
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.
Key Facts
— 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
Key Facts
— 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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