The digital asset market has been rocked by major shocks, leaving traders and long-term holders reeling. After a period of bullish consolidation itself Bitcoin ($BTC) seems to be forming a base of six people, the tide has changed. Today, the leading cryptocurrency fell below expectations $80,000 sign, pulling the rest of the market, including Ethereum ($ETH)down with it.
Bitcoin Price Crash Today
Bitcoin is trading at approx $79,100after losing $80,000 that the bulls had been protecting for weeks. This 5% average decline has started again $300 million in liquidationsespecially affecting the most affluent areas. The sudden move has changed market sentiment from “Greed” to “Fear” almost immediately.
Why Bitcoin Price Crash?
A major contributor to the market crash these days is the release of US Producer Price Index (PPI) of April 2026. The data, published this morning by the Bureau of Labor Statistics, revealed that the inflation rate is increasing at the highest rate in years.
PPI Confused by Numbers
- PPI topic: The increase is 1.4% per monthmuch more than the 0.5% forecast.
- Annual PPI: Fight 6.0%the highest level 3.5 years (from the end of 2022).
- Core PPI (old nutrients & energy): He jumped 1.0% Mothershowing that inflation is high and not limited to the affected areas.
The main driver of this spike was a A 15.6% increase in fuel prices and a 7.8% increase in electrical goodsespecially because of the escalating conflicts in the Middle East that are affecting international transportation.
Why High PPI Hurts Crypto Reputation
Bitcoin is often called an “inflation hedge,” but in practice, it’s more like a beta asset. When a US PPI it comes up like this, forcing the Federal Reserve to maintain a hawkish outlook.
The market is now pricing in a “higher interest rate”. Higher rates make the US Dollar stronger and Treasurys issue more positives, which naturally absorb riskier currencies such as Bitcoin and Ethereum.
Technical Analysis: Is $75k the Next Stop?
Technically, Bitcoin kurs has broken below the 50-day Exponential Moving Average (EMA). This is a major bearish signal for swing traders.
- Main Resistance: For any hope of recovery, BTC must recover $80,500 on a daily candle.
- Supporting Standards: The main result of the “liquidity pocket” is on $75,000. If the selling pressure continues, analysts expect a rapid decline to the point where the stoppage is triggered.
- Ethereum Impact: ETH has broken its support at $2,275, currently targeting the $2,100 area.
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