Bitcoin Falls Below $77,000 as $661 Million in Positions Get Wiped and Early Buyers Move to Presale Entries

21-May-2026 CoinPedia
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The post Bitcoin Falls Below $77,000 as $661 Million in Positions Get Wiped and Early Buyers Move to Presale Entries appeared first on Coinpedia Fintech News

The biggest crypto news today is a selloff that pushed Bitcoin below $77,000 while more than $661 million in leveraged positions were wiped out in 24 hours as rising Iran tensions sent oil higher and buyers pulled back. The question now is where to put money while fear controls the market.

Market Selloff Dominates Crypto News as Bitcoin Slides and Liquidations Mount

Bitcoin dropped more than 4% to trade near $76,960 on Monday after United States President Donald Trump warned Iran through a social media post that brought back fears of a bigger conflict according to CoinDesk

Nearly 95% of the $661 million in wiped positions were long trades according to Crypto News. Spot Bitcoin ETFs also recorded more than $1 billion in weekly outflows, adding big seller pressure on top of the panic.

Crypto News Watch: Three Projects Drawing Capital While the Market Resets

Pepeto: Swap Engine and Chain Connector Designed by a Former Binance Specialist Crosses $10.08 Million

The Pepeto presale crossed $10.08 million at $0.0000001871 because the project solves two problems that cost meme token holders money every day, a zero fee swap engine that cuts trading costs to nothing and a cross chain bridge that moves tokens between networks without delays. 

That pair of working tools is why every stage fills faster than the last, and buyers entering now see something the rest of the market has not noticed yet.

crosss-chain-bridge

The former Binance specialist who designed Pepeto brought direct experience in how exchange listings work, which is why the project passed the SolidProof audit cleanly and why the 420 trillion token supply is built to handle heavy trading from the start. 

Staking pays 172% APY, the Pepeto official website tracks the total raised climbing in real time, and the presale is closing in on its hard cap. Once that number hits the buy window closes forever, and in a crypto news cycle where $661 million got wiped in a single day, the buyers adding to this presale are making the move that separates big winners from those who missed it.

Cardano (ADA): Whales Keep Adding While the Price Slides Below $0.25

Cardano trades near $0.25 after dropping  3.54% over the past seven days, but wallets with at least one million ADA now hold 25.09 billion tokens, the highest balance since 2020. 

The largest holders are buying this dip instead of selling. Support at $0.25 is the line analysts are watching, and a break below could send ADA toward $0.22.

Hyperliquid (HYPE): ETF Launch Gives Institutional Buyers a New On Ramp

Hyperliquid became one of the few altcoins with a live spot ETF after 21Shares brought the product to market this month.

HYPE trades near $47.59 according to CoinMarketCap,after gaining  3.54% in the past 24 hours, and the crypto news around HYPE centers on whether ETF inflows will push beyond the $45 to $47 resistance zone.

Conclusion

The crypto news today is full of losses and fear, but that fear is exactly what creates the entries that look obvious six months later. More than $10.08 million flowed into Pepeto while leveraged traders lost $661 million in a single day, and that difference tells you everything about who is building for what comes next. 

The presale is closing in on its hard cap, the Binance listing is expected, and buyers entering at presale pricing today are getting a cost that will not exist once the listing opens. 

The Pepeto official website tracks every dollar raised, and the numbers climbing through a red market day show that the smartest buyers already made their choice.

Click To Visit Pepeto Website To Enter The Presale

FAQ

What is driving the crypto news selloff today?

Bitcoin fell below $77,000 after Iran tensions triggered $661 million in liquidations in 24 hours. Spot Bitcoin ETFs recorded $1 billion in weekly outflows.

What is Pepeto and why is it raising millions during a crash?

Pepeto is the fastest filling presale of 2026 with $10.08 million raised, zero fee swap, cross chain bridge, and 172% APY staking. The Binance listing is expected after the presale closes.

Also read: THORChain Exploit Report Details $10.7M Vault Drain And ADR-028 Recovery Path
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