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Bitcoin holds above $80K amid cautious trading ahead of key U.S. inflation data.

Market News
12 May 2026
Tokenpost
View Source
Neutral
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Bitcoin price has recovered to trade above $80,000 after a recent dip caused by strong U.S. jobs data, which reduced expectations for Federal Reserve rate cuts. Despite a 13% gain over the past month, the rally is fragile and driven largely by leveraged futures rather than strong organic demand. Market indicators like declining exchange reserves and increased buying activity suggest a stronger support base, but bitcoin remains stuck below major resistance levels. Traders are closely watching upcoming U.S. inflation data and Federal Reserve policy for signals on bitcoin's next move.

More News

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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3 hours ago
Japan launches world's first national AI infrastructure with NVIDIA to boost physical AI across industries.

Japan launches world's first national AI infrastructure with NVIDIA to boost physical AI across industries.

NVIDIA and Noetra Corp. are partnering to build Japan's first national AI infrastructure, the NVIDIA Vera Rubin AI factory, featuring 13,750 Vera CPUs and 27,500 Rubin GPUs. Supported by Japan's Ministry of Economy, Trade and Industry, this 140-megaw...

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Bullish
4 hours ago
UK flight searches surge up to 201% for 2026 solar eclipse hotspots in Europe

UK flight searches surge up to 201% for 2026 solar eclipse hotspots in Europe

Flight searches from the UK to destinations along the path of the August 12, 2026 solar eclipse have surged, with increases up to 201% for Spain's Cantabrian Coast and over 100% for Reykjavik, Iceland. This eclipse is notable as the first visible tot...

Market News
Bullish
4 hours ago
Solana rises 30% since June, boosted by SBI partnership and bullish technical signals.

Solana rises 30% since June, boosted by SBI partnership and bullish technical signals.

Solana (SOL) has gained about 30% from its June low, trading around $78 and surpassing its 50-day EMA. The token's upward momentum is supported by increased speculative trading and a new SuperTrend buy signal, the first since October 2025. However, i...

Technical Signals
Bullish
4 hours ago
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