Bitcoin crossed $80,000 on May 4, 2026, snapping weeks of range-bound trading as institutional buying and a mass short liquidation combined to push the leading cryptocurrency past its most-watched resistance level. Key Takeaways: Bitcoin hit $80,039, breaking above key resistance for the first time in weeks. Capriole data shows institutions absorbing 500%+ of daily mined
Bitcoin briefly reclaimed the $80,000 psychological level during early Asian trading hours on May 4, the first time since February, amid its quiet upward march in recent weeks. Data from CryptoSlate showed that the top crypto touched an intraday high of $80,529 before slipping back toward $79,621 as of press time. However, what looks like
Bitcoin reclaimed $80,000 on May 4, but the move landed as Asian equities pushed toward records on the AI trade, with Korea and Taiwan leading the advance and Nasdaq 100 futures also pointing higher. The timing creates a portfolio problem for ordinary holders. Bitcoin now reacts differently at different times to the same switch, moving
Bitcoin is having trouble clearing $80,000 because the rally is not being carried by strong spot buying. Right now, prices are barely holding onto $79,000, which may look stable on the screen, but the market under it is thin. The main warning is simple: futures are doing almost all the work. Across the top six
In brief The price of Bitcoin topped $80,000 overnight for the first time since January. Both Bitcoin and Ethereum have made sizable gains over the last month after a tough start to the year. Strategy didn’t buy any Bitcoin last week ahead of its upcoming earnings report. The price of Bitcoin rose above the $80,000
The Bitcoin ($BTC) Automated Teller Machine (ATM) operators in Canada have signaled resilience in 2026 amid a looming nationwide ban. The number of Bitcoin ATMs in Canada has surged by 176 units year-to-date (YTD), up from 3,732 booths on January 1 to 3,904 outlets as of May 4. As such, $BTC ATMs in Canada have
Today marks an important date on the crypto industry calendar – the anniversary of the man who saw Bitcoin’s potential before anyone else. Hal Finney, an outstanding cryptographer and the first Bitcoin enthusiast, would have turned 70. Although in recent weeks the mass media have been overloaded with theories from the film “Finding Satoshi” released
Institutions are buying Bitcoin ($BTC) at more than five times the rate miners are producing it, and according to Capriole Investments founder Charles Edwards, that gap has historically come right before huge price gains. In a post on May 4, Edwards said every instance in the past of this demand-to-supply ratio produced an average return
DonAlt, a seasoned investor and veteran of the cryptocurrency sector, accurately predicted that XRP would increase by 700% to reach $3.65 in 2024. The analyst, using a pseudonym, has now revealed his updated predictions for Bitcoin ($BTC). The analyst presented three different scenarios for $BTC and identified three different price levels for each scenario. Bitcoin