Bitcoin holds near $80,000 after rejection at $82,500; ETF outflows trigger cautious sentiment

May 9, 2026

Bitcoin hovers near the $80,000 mark. Experts note cautious sentiment following outflows from US-listed spot Bitcoin ETFs. Major altcoins like XRP, BNB, and Solana saw gains. The global crypto market capitalization increased. Institutional demand continues to support the market. Bitcoin’s resilience near $80,000 indicates underlying strength.

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