Mark Cuban said he sold most of his Bitcoin after concluding it did not behave like a crisis hedge during a period of weaker fiat confidence and rising geopolitical risk. He described BTC as "not the hedge I expected it to be," as Bitcoin traded around $77,663 in mid-May 2026, about 38% under its early-October 2025 peak of $126,000. Cuban also said he is shifting more capital toward Ethereum than Bitcoin.

CryptoQuant founder Ki Young Ju said in an X post that indicators tied to a Bitcoin bull run have not fully turned on yet, with the Bull Score Index still sitting in the neutral range. The index aggregates 10 on-chain metrics and turns bullish only when the reading moves above 60. Bitcoin was trading around $77,300 at the time of writing, down more than 4% over the past week.

Kevin Warsh is set to be sworn in at the White House on May 22, 2026, after the Senate confirmed him 54-45 on May 13 to replace Jerome Powell as Federal Reserve chair. The article says markets are watching for Warsh's first comments on rates and the balance sheet, viewing them as a potential catalyst for weekend crypto trading.

Bitcoin traded in a tight band near $77,000 during U.S. morning hours as markets waited for Kevin Warsh's transition to Federal Reserve chair. The University of Michigan's May consumer sentiment slipped to a record-low 44.8, while 1-year inflation expectations rose to 4.8% and the 5-year measure to 3.9%. Rate markets were pricing in more than a 70% chance of at least one hike by end-2026.

Bitcoin hovered above $77,000 as more than $1.8 billion in BTC and ETH options were set to expire on May 22. Derivatives positioning showed longer-term bullish targets near $90,000 even as institutions added short-term downside hedges into month-end.

Bitcoin was last seen around $77.3k at the end of the week, continuing a consolidation that has lasted nearly two weeks inside the $75k–$80k range. Price structure remains supported by an ascending channel and a $75k demand zone, while reclaiming $80k is highlighted as a key step for a stronger bullish case. Funding rates have flipped back to a modest +0.004, suggesting support is holding without heavy short-squeeze pressure.

Crypto analyst Phila says Bitcoin has broken a support level that held for 14 years, after BTC fell below the $80,000 psychological mark. He argues the move reflects capitulation and suggests a potential drop toward $55,000, with $50,000 also "on the table." Bitcoin was last quoted around $77,500 over the past 24 hours.

Kevin Warsh is expected to be sworn in as the 17th Federal Reserve Chair at the White House on Friday, May 22, a shift XWIN Research Japan says could show up first in Bitcoin's on-chain indicators. The firm highlights the Coinbase Premium and exchange netflows as early gauges of U.S. institutional demand and potential risk-off positioning, with BTC last trading just above $77,000 after dipping near $76,000 and stalling around $78,000.