Bitcoin Taps $81K Again as Altcoins Pull Back in Weekend Trading
Bitcoin rebounded from a Friday dip to $79K and tapped $81K on May 10, holding market cap above $1.61T and dominance near 58% amid subdued volatility. The move capped a volatile week that ignited on May 5 with a surge past $80,500 on $467M spot ETF inflows and $300M short liquidations, peaking at $82,400 on May 6 amid $66M more shorts flushed and dominance hitting 61%. It steadied near $82K on May 7 despite MicroStrategy's potential sell-off hints from 818K BTC holdings, defended $80K support May 8 after hotter US jobs (+115K vs 65K forecast), and reclaimed $80K May 9 on Russia-Ukraine ceasefire hopes sparking double-digit altcoin gains before a partial retracement.