Bitcoin Slips Below $80,000 as Most Major Tokens Follow

Bitcoin has slipped to around $78,800, down 0.42% since midnight UTC and 0.75% over the past 24 hours, according to CoinDesk data.

This puts Bitcoin 4.1% below its high of $82,320 from last week, which it failed to clear.

Ether has held up better, losing just 0.02%, while solana is down 0.06% at $103.77.

Among the top 100 tokens that make up the CoinDesk 100, 42 are in the red, with BNB and related tokens bucking the selloff.

$BNB is up by 2% since midnight at $754 while linked tokens like CAKE and SYRUP are also benefiting from a bullish shift.