
Bitcoin briefly surpassed $80,000 but pulled back to around $79,000, supported by strong ETF inflows and positive stock market momentum driven by AI and megacap earnings. Institutional demand remains robust, with U.S.-listed spot ETFs attracting over $600 million recently, signaling real money buying. However, risks include geopolitical tensions between the U.S. and Iran and security concerns in decentralized finance, which could impact the rally. The market awaits a decisive break above $80,000 to confirm a sustained uptrend, potentially pushing Bitcoin toward $85,000.