Cryptocurrency13 May 2026SEO 801 min read

Analysis: Live markets: Bitcoin dips below $80,000 as producer price inflation surges to…

Inflation shock may represent the 'final flush of weak hands' Matt Mena, senior crypto research strategist at 21Shares, said the inflation data refle…

Inflation shock may represent the 'final flush of weak hands' Matt Mena, senior crypto research strategist at 21Shares, said the inflation data reflects mounting macro pressure, partly tied to the conflict in Iran, but noted that bitcoin’s ability to hold above $80,000 remains an important signal for traders. Mena said a prolonged break below $80,000 could send bitcoin toward $78,000, with $75,000 becoming the next major support zone if selling intensifies. Still, he argued the latest…

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