KULR Technology Group transferred 300 BTC valued at $24.36 million to Coinbase Prime, while its Bitcoin position showed losses of $18.25 million. The company had earlier said in December 2024 it would allocate 90% of surplus cash to Bitcoin and later reported a reserve of 1,021 BTC worth $101 million by July 2025. Across Bitcoin treasury firms, total holdings value fell from $126 billion to $96 billion, leaving about $30 billion in unrealized losses.

An analyst said Bitcoin's previous cycle top did not come with an obvious crash, but with coordinated whale selling that blended into routine trading. ForeDex noted a whale transferred roughly 30,000 BTC to exchanges over 10 days via Galaxy Digital, splitting flows across venues to reduce detectability. Separately, analyst Kaz flagged weakening structure after a rejection at $82,000, with falling CVD and rising OI as BTC retests $80,000.

Bitcoin is trading just under $80,000 as President Donald Trump arrives in Beijing for talks with Chinese leader Xi Jinping, with traders treating the summit as a key risk-sentiment catalyst in a week already pressured by inflation and rising yields. April data showed CPI at 3.8% year over year and PPI at 6% year over year, while Wintermute flagged a leverage-led move as open interest rose from $48 billion to $58 billion in a month. BTC was down 1.42% over the past 24 hours at the time of publication.

Bitcoin (BTC) fell below the $80,000 level on May 13 after repeatedly failing to break above $82,200 over the prior seven days. It was trading around $79,340 at press time, down nearly 3% over the week, while more than $91.5 million in crypto positions were liquidated in the past 24 hours, including over $77.5 million in longs.

Veteran trader Peter Brandt argues Bitcoin has "NOT NOT NOT" formed a dependable bottom and says the current bounce is only a technical move inside a bearish corridor. U.S. producer inflation data showed PPI YoY rose to 6% versus a 4.8% forecast and Core PPI YoY reached 5.2%, adding macro pressure to his view. Brandt highlights BTC near $79,660 and flags $79,145 as a key daily-close level tied to ATR.

U.S. April PPI data released on May 13 came in well above forecasts, and Bitcoin fell below $80,000, trading around $79,800 during the session. The move left BTC about $1,058 under the MA200 at $80,858 and pushed the 1-hour RSI to 31.31, while on-chain readings tied to short-term holders put added focus on the $80,000–$81,000 "reset" area.

Metaplanet Inc. (TSE: 3350) released its Q1 2026 results, saying it held 40,177 BTC as of March 31, 2026 and recorded a quarterly net loss of ¥114,493 million ($725.56 million). The company said the loss largely reflected non-cash bitcoin valuation losses of ¥116,356 million ($737.36 million) as prices corrected, while it reaffirmed its FY2026 outlook of ¥16,000 million in net sales and ¥11,400 million in operating profit.

On May 13, 2026 at 8 a.m. ET, bitcoin traded around $80,550, consolidating beneath the $82,000-$82,800 resistance band. The asset showed higher lows from the April bottom near $70,480, while support was tracked around $79,000-$80,000 and a key reclaim level was cited near $81,500. Market metrics at that time put BTC’s market cap at $1.61 trillion with 24-hour volume at $40.58 billion.