The past week was quite eventful once again, with headlines spanning different sectors: from the highly anticipated meeting between US President Trump and China\u2019s Xi Jinping to inflation data and some progress on the CLARITY Act front.<\/p>\n
The business week began on the right foot for bitcoin as it rocketed from under $80,500 to roughly $82,500 following a quiet weekend. However, the rejection was swift, and BTC dipped below its starting point within hours.<\/p>\n
Another breakout attempt took place on Tuesday, but the bears stepped up even faster this time, not allowing BTC to surpass $82,000. The selling pressure mounted on Wednesday after the inflation data for April went live in the US. Once it became known that the CPI numbers hit a three-year high of 3.8%, BTC reacted<\/a> with a price dip to under $79,000.<\/p>\n More volatility ensued on Thursday when the CLARITY Act passed a Senate panel, which was regarded as a bullish development for the crypto industry, as it could crystallize the regulatory landscape in the country. Bitcoin traded at around $79,500 before the news spread, but quickly exploded to $82,000.<\/p>\n The bears reemerged at this point once again and didn\u2019t allow any further gains. Although BTC managed to remain close to the $82,000 level for a while, it nosedived on Friday by over three grand from the top and currently struggles below $79,000.<\/p>\n Its market capitalization has fallen to $1.580 trillion on CG, while its dominance over the alts remains well above 58%. Nevertheless, BTC remains slightly in the green on a weekly scale, but it has been outperformed by many altcoins, including BNB, DOGE, XRP, and SUI.<\/p>\n <\/a>Cryptocurrency Market Overview Weekly May 15. Source: QuantifyCrypto<\/p>\n Market Cap: $2.71T | 24H Vol: $118B | BTC Dominance: 58.2%<\/p>\n BTC: $78,800 (+0.6%) | ETH: $2,210 (-1.38%) | XRP: $1.43 (+5%)<\/p>\n Bitcoin\u2019s Drop Below $80K Was Not Random: Here Are the 3 Hidden Triggers<\/strong>. The largest cryptocurrency slipped below $80,000 on a couple of occasions in the past week, and many analysts believe it\u2019s not random. Easy On Chain, for example, outlined<\/a> three reasons behind the asset\u2019s decline.<\/p>\n Is Bitcoin\u2019s Rally Fake? Analyst Sees Massive Downside Ahead<\/strong>. Another popular market observer, Dr. Profit, who has mostly leaned bearish over the past half a year, noted<\/a> that the rally to over $82,000 was most likely unsustainable and predicted a substantial crash to and perhaps below $50,000.<\/p>\n Arthur Hayes Predicts AI Race Will Push Bitcoin Back to $126K<\/strong>. On the contrary, Arthur Hayes remains bullish on BTC\u2019s long-term perspective, forecasting<\/a> a massive surge to the October 2025 all-time high of $126,000. Interestingly, he thinks such a move could be propelled by the AI race.<\/p>\n Bitcoin and Ethereum Arrive on Wall Street Giant Charles Schwab for Selected Retail Clients<\/strong>. Schwab Crypto, the behemoth investment services firm\u2019s new digital asset venture, officially launched<\/a> last week, allowing certain retail investors to get exposure to BTC and ETH through the regulated platform.<\/p>\n Strategy\u2019s Bitcoin Buying Spree Resumes With Fresh 535 BTC Accumulation<\/strong>. After a quick weekly pause, Michael Saylor\u2019s Strategy resumed<\/a> its BTC purchases. The latest was a relatively small one of 535 BTC, acquired for $43 million. Its total stash grew to 818,869 BTC.<\/p>\n Tom Lee Doubles Down on \u2018Crypto Spring\u2019 Theory, but Bitmine Slows ETH Accumulation<\/strong>. BitMine also slowed its pace of ETH purchases, but Tom Lee remains optimistic<\/a> that the worst has already passed and \u2018crypto spring\u2019 is about to commence.<\/p>\n This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid \u2013\u00a0click here for the complete price analysis<\/a>.<\/p>\n The post Bitcoin Rejected at $80K as Inflation Fears Outweigh CLARITY Act Progress: Weekly Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The past week was quite eventful once again, with headlines spanning different sectors: from the highly anticipated meeting between US President Trump and China\u2019s Xi Jinping to inflation data and some progress on the CLARITY Act front. The business week began on the right foot for bitcoin as it rocketed from under $80,500 to roughly […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-166174","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/166174"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=166174"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/166174\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=166174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=166174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=166174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Market Data<\/h2>\n
This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n
Charts<\/h2>\n
![<\/a>Cryptocurrency Market Overview Weekly May 15. Source: QuantifyCrypto<\/p>\nMarket Cap: $2.71T | 24H Vol: $118B | BTC Dominance: 58.2%<\/p>\nBTC: $78,800 (+0.6%) | ETH: $2,210 (-1.38%) | XRP: $1.43 (+5%)<\/p>\nThis Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\nBitcoin\u2019s Drop Below $80K Was Not Random: Here Are the 3 Hidden Triggers<\/strong>. The largest cryptocurrency slipped below $80,000 on a couple of occasions in the past week, and many analysts believe it\u2019s not random. Easy On Chain, for example, outlined<\/a> three reasons behind the asset\u2019s decline.<\/p>\nIs Bitcoin\u2019s Rally Fake? Analyst Sees Massive Downside Ahead<\/strong>. Another popular market observer, Dr. Profit, who has mostly leaned bearish over the past half a year, noted<\/a> that the rally to over $82,000 was most likely unsustainable and predicted a substantial crash to and perhaps below $50,000.<\/p>\nArthur Hayes Predicts AI Race Will Push Bitcoin Back to $126K<\/strong>. On the contrary, Arthur Hayes remains bullish on BTC\u2019s long-term perspective, forecasting<\/a> a massive surge to the October 2025 all-time high of $126,000. Interestingly, he thinks such a move could be propelled by the AI race.<\/p>\nBitcoin and Ethereum Arrive on Wall Street Giant Charles Schwab for Selected Retail Clients<\/strong>. Schwab Crypto, the behemoth investment services firm\u2019s new digital asset venture, officially launched<\/a> last week, allowing certain retail investors to get exposure to BTC and ETH through the regulated platform.<\/p>\nStrategy\u2019s Bitcoin Buying Spree Resumes With Fresh 535 BTC Accumulation<\/strong>. After a quick weekly pause, Michael Saylor\u2019s Strategy resumed<\/a> its BTC purchases. The latest was a relatively small one of 535 BTC, acquired for $43 million. Its total stash grew to 818,869 BTC.<\/p>\nTom Lee Doubles Down on \u2018Crypto Spring\u2019 Theory, but Bitmine Slows ETH Accumulation<\/strong>. BitMine also slowed its pace of ETH purchases, but Tom Lee remains optimistic<\/a> that the worst has already passed and \u2018crypto spring\u2019 is about to commence.<\/p>\nCharts<\/h2>\nThis week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid \u2013\u00a0click here for the complete price analysis<\/a>.<\/p>\nThe post Bitcoin Rejected at $80K as Inflation Fears Outweigh CLARITY Act Progress: Weekly Recap<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The past week was quite eventful once again, with headlines spanning different sectors: from the highly anticipated meeting between US President Trump and China\u2019s Xi Jinping to inflation data and some progress on the CLARITY Act front. The business week began on the right foot for bitcoin as it rocketed from under $80,500 to roughly […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-166174","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/166174"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=166174"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/166174\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=166174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=166174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=166174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-15-170723.png\"){kind=link}