Bitcoin Falls Below $80,000 as Daily Decline Extends

According to market data, Bitcoin fell from 80,990 USDT on OKX to $79,952.60, with the daily drop deepening from 0.66% to 2.14%, underscoring continued volatility after a sharp first-quarter decline.

BTC

USDT

13d ago

Fact Check

Both PANews ('BTC跌破81000美元，日内下跌 0.66%') and Odaily ('BTC 跌破81000 USDT，24H 涨幅收窄至1.06%') independently confirm the core claim: Bitcoin fell to 80,990 USDT on OKX around May 6, with an intraday decline of 0.66% and a 24-hour gain of 1.06%. The two percentage figures reflect slightly different snapshot moments of the same price event, which is consistent with normal market data reporting. No conflicting data was found. The small residual uncertainty (0.08) accounts for the fact that neither source is OKX's own official feed, and the Odaily timestamp is technically May 5 UTC, though May 6 in the local Chinese timezone used by the publication.

Summary

Bitcoin extended its decline on May 6, falling from 80,990 USDT on OKX, where it was down 0.66% intraday and still up 1.06% over 24 hours, to $79,952.60, where the daily loss reached 2.14%. The move pushed Bitcoin below both the 81,000 USDT and $80,000 thresholds, highlighting ongoing volatility after an earlier first-quarter 2026 drop from about 87,000 to 68,000. Neither topic identified a specific catalyst, trading-volume shift, or exchange-related trigger for the move.

Terms & Concepts

Bitcoin: The largest cryptocurrency by market value, often used as a benchmark for the broader digital asset market.
USDT: Tether, a U.S. dollar-pegged stablecoin widely used as a trading pair in cryptocurrency markets.
Market volatility: Rapid and significant price swings that are common in cryptocurrency trading.