Bitcoin hits 2-week low

18/05/2026 Argaam
Cryptocurrency

Cryptocurrency 


Cryptocurrency prices declined during Monday’s trading, with Bitcoin falling to its lowest level since early May, amid ongoing risks stemming from the conflict between the US and Iran.

 

The drop came alongside the liquidation of long positions in crypto markets worth nearly $500 million within just 15 minutes of the start of Asian trading, Bloomberg reported, citing CoinGlass data.

 

Last week, US Bitcoin ETFs recorded outflows exceeding $1 billion for the first time since late January.

 

Cryptocurrency Prices ($)

Cryptocurrency

Price

Change

Change%

Bitcoin

76,859.75

-1,534.25

-1.96%

Ethereum

2,116.95

-73.28

-3.35%

Ripple

1.3843

-0.034

-2.43%

*Prices updated at 09:15 a.m. Makkah time.

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