Bitcoin Falls Below $80K, Dragging Down XRP, SOL, and ETH Amid Options Expiry
Bitcoin fell below $80,000 on May 15, pulling down major cryptocurrencies like Ethereum (ETH), Solana (SOL), and Ripple (XRP). The decline occurred despite the CLARITY Act passing in the Senate Banking Committee. Market pressure was exacerbated by a large options expiry and rising U.S. Treasury yields.
Topics: Bitcoin CLARITY Act Ethereum options expiration Ripple (XRP) Solana Treasury yields