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Bitcoin Rises to $77,000, Holds $75,000 Support Amid Short-Biased Trading

GateNews

bitcoin news Price Volatility Market Analysis Stocks Commodities Derivatives Data

2026-05-01 12:37:30

BTC2.57%

Bitcoin rose to $77,000 on May 1 after holding its $75,000 support level. However, negative funding rates, unchanged open interest, and cautious trader positioning signal a lack of conviction in the upside move, keeping BTC range-bound.

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