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Bitcoin absorbed $200 million profit-taking at $80,000 in a bullish sign for BTC

Bitcoin absorbed $200 million profit-taking at $80,000 in a bullish sign for BTC

2026-05-05

Net realized profits hit a one-month high of $207.56 million Sunday as bitcoin crossed $80,000 for the first time since January, with the price holding above the breakout level into Tuesday despite the heavy sell-side flow.

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