Bitcoin Pulls Back After Failing to Hold Above $79K; Vegas Summit in Spotlight

Bitcoin pulled back toward $77,000 after failing to sustain gains above roughly $79,000–$80,000, with the cryptocurrency last down about 0.7% amid higher oil prices and geopolitical uncertainty. The intraday retreat followed an earlier peak near $79,462 and comes as attention turns to the Bitcoin Conference 2026 in Las Vegas — an event that historically fuels volatility — and key central bank meetings this week (including a Federal Reserve decision). Other major digital assets slipped modestly, indicating broad risk-off tone. Overall, market participants are watching event-driven catalysts (conference headlines, Fed/BoJ guidance and oil/geo developments) that could drive further short-term volatility and directional moves.