Bitcoin slides below $77,000 — weekly losses mount despite strong monthly surge

Bitcoin BTC

April 28, 2026 — The price of Bitcoin slipped further on Tuesday, falling below the $77,000 mark as short-term selling pressure continued to weigh on the world’s largest cryptocurrency, even as broader monthly gains remained intact.

As of April 28, one Bitcoin was valued at $76,950.97 against the US dollar, marking a slight daily decline of 0.15%. The latest dip extends a week-long downward trend, with Bitcoin shedding $1,673.03 over the past seven days, reflecting a cumulative loss of around 2.1%.

Market data shows a volatile week for Bitcoin, with prices peaking at $78,624 on April 22 before gradually declining. The sharpest drop came on April 27, when the cryptocurrency fell by 1.70% in a single day, indicating heightened market uncertainty and profit-taking by investors.

Despite the recent pullback, Bitcoin has posted a strong performance over the past month. Since March 29, when it traded at $65,403.77, the digital asset has surged by more than $11,500, representing a robust gain of 15%. Analysts attribute the monthly rally to renewed institutional interest and improving sentiment in global financial markets.

However, on a yearly basis, Bitcoin remains significantly lower. Compared to April 28, 2025, when it was priced at $94,853, the cryptocurrency has declined by over 23%, highlighting the longer-term volatility that continues to define the digital asset space.

Market participants remain cautious in the near term, with traders closely watching macroeconomic indicators, regulatory developments, and investor sentiment. While Bitcoin’s long-term outlook remains a topic of debate, its recent fluctuations underscore the unpredictable nature of cryptocurrency markets.