Bitcoin: Crashes to $77K With Trump Crypto Ties

Bitcoin crashed to $76794.71 on May 18 2026 as the Trump family expanded its crypto holdings and Drake called for Sam Bankman-Fried's release on his latest album.

Over the past six months Bitcoin has faced repeated tests of support after the prior cycle peak, with today's move aligning to broader risk-off flows across digital assets. On the 4h chart price sits below both the EMA50 at $79128.72 and EMA200 at $77379.3, locking in resistance overhead while the MACD death cross at -776.03 keeps downside momentum intact; RSI at 32.05 remains neutral yet drifts toward oversold territory as the pair trades inside the Bollinger band with lower support at $76398.04 offering the next logical target before any relief bounce.