BTC around $80K fluctuates, two major events in the past 24 hours:


① Coinbase Q1 earnings shock—loss of $1.49 per share, revenue of $1.41 billion, both below expectations, dropping 5% after hours. Weakness in cryptocurrencies directly dragged down trading revenue, stablecoins and the Base chain couldn't save the short-term financial report.
② Morgan Stanley E*Trade officially launched crypto trading, charging only 50 basis points in fees, cheaper than Coinbase and Robinhood. Wall Street giants are now competing for talent.
From a technical perspective, the outlook isn't bad—daily chart breaks above the upper band. But with Iran's ceasefire expectations, funds are flowing back into US stocks, and BTC is short-term consolidating between $80K and $83K. It’s a sideways move, waiting for a direction.
BTC0.13%
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