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Bitcoin dips near 79600 as inflation worries sap crypto momentum and dominance holds steady

Economy
Published on 14 May 2026
Bitcoin dips near 79600 as inflation worries sap crypto momentum and dominance holds steady

Traders watch US data and geopolitics closely as

Bitcoin slipped to around the $79,600 level as the wider crypto market weakened. Inflation concerns and cautious sentiment left buyers on the sidelines, while profit-booking and fading momentum pressured both majors and altcoins. Traders are now focused on upcoming US macroeconomic releases and geopolitical cues, with BTC dominance remaining elevated as markets wait for direction.

  • Bitcoin falls near $79,600 amid broad market weakness
  • Inflation worries and cautious sentiment weigh on risk appetite
  • Profit-booking and fading momentum pressure majors and altcoins
  • Traders track US macro data and geopolitics; BTC dominance stays high
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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