Bitcoin breaks $78K as S&P 500 and Nasdaq hit all-time highs amid easing geopolitical tensions.

On May 1, 2026, the US stock market surged with the S&P 500 and Nasdaq reaching new all-time highs, driven by strong corporate earnings and reduced global tensions. This optimism spilled into cryptocurrencies, pushing Bitcoin above $78,000 and Ethereum back over $2,300. The rally is fueled by hopeful news of US-Iran negotiations that could stabilize the region and boost market confidence. Analysts suggest Bitcoin could surpass $80,000 if a formal deal is announced soon.