Bitcoin surged past $80,000 to a three-month high of $80,617 on May 4, pushing its market cap over $1.6 trillion and suggesting the end of the recent crypto winter. The rally was partly driven by geopolitical tensions in the Middle East, including U.S. naval escorts through the Strait of Hormuz and missile interceptions by the UAE. These events caused oil prices to spike and increased market volatility, leading to $270 million in liquidations on leveraged bitcoin positions. Economists warn that without a peace deal between the U.S. and Iran, global recession risks may rise, keeping markets on edge.
Bitcoin and Ethereum prices rose by 1.20% and 1.32% respectively, boosting overall crypto market sentiment despite a decline in decentralized finance (DeFi) trading volume. Large-cap altcoins mostly gained, with Bitcoin dominance increasing to 58%, i...
Bitcoin held above $63,000 with a 5.5% weekly gain, while Ether led major cryptocurrencies with a 12.4% surge. Other tokens like HYPE and Solana also posted notable increases despite a strong dollar. Equity futures rose following record highs, with t...
While Bitcoin and Ethereum spot ETFs experienced significant outflows of $526 million and $14 million respectively last week, XRP and Solana ETFs saw positive inflows totaling $49 million. XRP ETFs have shown strong institutional demand, with total a...
Michael Saylor highlights that Bitcoin's biggest evolution over the next decade will come from the expansion of its financial ecosystem rather than changes to its protocol. He believes institutional adoption—through ETFs, corporate treasuries, banks,...
Bitcoin started July strong, trading above $63,000 after a tough first half of 2026, with a 6.09% weekly gain despite being down nearly 28% year-to-date. The rebound is driven by large holders aggressively buying the dip, while institutional demand w...
