Bitcoin Price Broke $80,000. Why the Crypto Rally Is Set to Disappoint.

Bitcoin and other cryptocurrencies rallied on Monday, surging to start the week amid similarly upbeat sentiment in other assets, like stocks. One crypto strategist warns major declines could still be coming for Bitcoin. The price of Bitcoin rose 0.

1% over the past 24 hours to $78,878, and in recent hours did manage to trade above the $80,000 price level that has largely eluded the leading digital asset since early February.