Bitcoin Support Seen as $76k, Says Bitfinex -- Market Talk

Dow Jones05-20 23:39

1139 ET - Bitcoin is up 1% to $77,741, and support is seen at just above $76,000, says Bitfinex in a note. More specifically, the firm says $76,318 is a key support level for the cryptocurrency. Liquidation of millions of dollars in long positions has been occurred so far this week, according to data from CoinGlass, but in the past 24 hours more short positions have been liquidated, totaling over $23 million, CoinGlass says.(kirk.maltais@wsj.com)

(END) Dow Jones Newswires

May 20, 2026 11:39 ET (15:39 GMT)

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