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
-0.47%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| BTC | 77,178 | -0.47% | -30.91% | 77,539 | 77,808 | 77,238 | 26,106,742,784 |
| ETH | 2,120 | -0.54% | -20.45% | 2,131 | 2,138 | 2,121 | 13,682,777,088 |
| SOL | 87.05 | -0.12% | -51.57% | 87.16 | 87.37 | 86.51 | 3,658,630,400 |
| XRP | 1.36 | -0.79% | -43.99% | 1.37 | 1.37 | 1.36 | 1,753,225,216 |
| BNB | 658.24 | +0.14% | -4.03% | 657.35 | 660.18 | 655.12 | 1,260,467,584 |
| ADA | 0.25 | +0.38% | -68.92% | 0.25 | 0.25 | 0.25 | 400,593,920 |
| DOGE | 0.11 | +0.19% | -56.88% | 0.11 | 0.11 | 0.10 | 769,207,808 |
| AVAX | 9.50 | +0.62% | -62.36% | 9.44 | 9.55 | 9.38 | 306,795,648 |
| LINK | 9.78 | +0.46% | -41.56% | 9.74 | 9.85 | 9.71 | 331,268,000 |
| DOT | 1.32 | +2.58% | -73.29% | 1.29 | 1.33 | 1.28 | 159,090,976 |
| LTC | 54.23 | +0.18% | -45.92% | 54.13 | 54.47 | 54.02 | 272,056,320 |
| BCH | 378.37 | -0.57% | -14.72% | 380.53 | 380.47 | 377.30 | 397,179,520 |
| TRX | 0.36 | -0.10% | +32.40% | 0.37 | 0.37 | 0.36 | 811,317,504 |
| XLM | 0.15 | +0.50% | -51.58% | 0.15 | 0.15 | 0.15 | 98,788,080 |
| HBAR | 0.09 | +0.15% | -56.05% | 0.09 | 0.09 | 0.09 | 55,311,984 |
| NEAR | 2.27 | +18.02% | -26.33% | 1.92 | 2.27 | 1.92 | 962,283,200 |
| ATOM | 2.14 | +4.35% | -59.00% | 2.05 | 2.16 | 2.04 | 53,091,212 |
| AAVE | 87.97 | -0.02% | -65.75% | 87.99 | 88.32 | 87.42 | 188,598,448 |
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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