Latest market development: Bitcoin reverses from $79,500 as oil surge triggers broader crypto selloff.
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- Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin reverses from $79,500 as oil surge triggers broader crypto selloff BTC fails at $80,000 and drops 2% as ri
- By Oliver Knight , Omkar Godbole | Edited by Sheldon Reback Apr 27, 2026, 10:37 a
- Make preferred on Bitcoin price (CoinDesk data) What to know : Bitcoin spiked up to $79,500 before reversing, with the selloff accelerating after BTC failed to break the $80,000 level
- Brent crude hit $107 following developments tied to U
- Altcoins underperformed during the downturn, with LDO dropping 17% while major sector indexes fell as much as 2
- Volatility returned to crypto markets Monday as bitcoin BTC $ 77,330
- Source: Bitcoin reverses from $79,500 as oil surge triggers broader crypto selloff
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Published by Timeout on April 28, 2026. Source: Bitcoin reverses from $79,500 as oil surge triggers broader