Bitcoin breached $80,000 on Monday as it rose 2.7% over a three-hour span as Asian equities began trading, marking its highest price since Jan. 31, 2026. Bitcoin’s (BTC) 2.7% rally began at 1:25 am UTC, rising from $78,415 to break the $80,000 level about 75 minutes later before climbing to $80,515 by 4:20 am UTC,
Bitcoin, the leading cryptocurrency, broke through a significant psychological resistance level late over the weekend, surpassing $80,000. Gaining approximately 2.6% in the last 24 hours, Bitcoin rose to $80,150, while a general upward trend was observed across the market. Ethereum increased by 3.6% to $2,382, and XRP rose by 2% to $1.41. Analysts note that
Bitcoin’s 200-week moving average has passed $60,000, which means that the leading cryptocurrency might never trade below this level again. #bitcoin 200wma passes $60khttps://t.co/h6D8LTnC8B pic.twitter.com/bG1z8SDWpZ — Adam Back (@adam3us) May 4, 2026 Concurrently, a powerful breakout above $80,000 has triggered a massive wave of short liquidations. Earlier today, $BTC reached an intraday high of $80,631,
Bitcoin’s price has moved past the major psychological resistance level of $80,000. The cryptocurrency did this today for the first time since January, sparking hopes of a renewed rally and higher highs. Source: TradingView The move comes on the back of an increase in the broader cryptocurrency market, as altcoins are also trading well in
Bitcoin has once again tested the $80,000 level, according to The Kobeissi Letter, briefly breaking above it before pulling back near $79K. This marks the first time in weeks $BTC has reached this zone, making it a key psychological and technical level. The move is backed by strong fundamentals. Spot ETFs saw nearly $600 million
Veteran trader Peter Brandt sees bitcoin rallying to $250,000 in 2029, but only after the market finishes a long drawn-out bottoming process that could last into September 2026. That forecast makes sense in the context of bitcoin’s four-year mining reward halving cycle, which has been consistent enough to shape traders’ projections. Historically, bitcoin bull runs
Bitcoin is trading above $80,000 as Asia begins its trading week, a level not seen since the end of January. Analysts at CryptoQuant say that BTC’s return to $80,000 is being powered by buyers who don’t fully trust it, a dynamic reflected in both positioning data and on-chain signals. ETF inflows and leveraged longs have
Bitcoin is spending another session in a tight range, with the market hovering around $78,548 and trading between an intraday low of $78,081 and a high of $78,963, according to live market data. That price action lines up with the chart pattern, where BTC appears to be building a base after a sharp rebound from
Onchain data shows 793.36 sleeping bitcoins changed hands between May 1 and May 3, 2026, with a notable portion traced back to wallets that had not moved coins since 2011. Key Takeaways: Onchain data shows 793 $BTC spent May 1-3, 2026, with 56 of 62 outputs originating from 2016 wallets. A single 110 $BTC output
BlackRock’s European investment product has quietly achieved a massive milestone. The asset manager’s European Bitcoin exchange-traded product (ETP) has accumulated approximately 14,200 Bitcoin. This has pushed its total valuation comfortably past the $1 billion mark. The iShares Bitcoin ETP is capturing significant institutional interest across the European market. As of early May, the ETP boasts