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Bitcoin stays above $80K, sparking gains in altcoins and crypto stocks amid strong U.S. market and job data.

Market News
08 May 2026
Tokenpost
Bullish
pluang ai news

Bitcoin maintained its price above $80,000, driving a bullish trend across the cryptocurrency market with major altcoins like Solana, Chainlink, and Uniswap gaining 5-7%. The rally was supported by record highs in U.S. stock indexes Nasdaq and S&P 500, boosted by a stronger-than-expected U.S. jobs report showing 115,000 new jobs and steady unemployment at 4.3%. Crypto stocks also rose despite mixed earnings, with Coinbase recovering 10% after addressing a service outage and investors focusing on long-term growth prospects, including potential new regulatory frameworks for crypto custody and blockchain infrastructure. This positive momentum suggests growing confidence in digital assets and blockchain technology in 2026.

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