12 May 2026

Bitcoin Recovery Hits $79K, Analysts Caution on Potential Drop to $50K

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Bitcoin rebounded to $79,000 after sliding to a two‑month low of $74,500, lifting its market cap back to $1.57 trillion and the broader crypto market to $2.74 trillion. Gains were supported by easing U.S.–Iran tensions, but analysts remain cautious, citing capital rotation into AI stocks and metals, with some projecting bitcoin could fall to $50,000. […]
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