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Bitcoin’s price drop below $78K cleared the path for a rebound as options traders hedge downside risk

Crypto News, Coin Prices & Market Trends | CryptoSlate [Unoffic… May 18, 2026
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Bitcoin price breaking below $78,000 turned one of crypto’s strongest regulatory weeks into a severe test of market structure, exposing how quickly macroeconomic pressure and crowded positioning can overpower a favorable policy catalyst. The price decline came shortly after the CLARITY Act advanced toward a Senate floor vote, a milestone that would typically strengthen the […] The post Bitcoin’s price drop below $78K cleared the path for a rebound as options traders hedge downside risk appeared first on CryptoSlate.

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