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Home»Bitcoin»Bitcoin Price Rallyes to $80.000, the highest since January

Bitcoin Price Rallyes to $80.000, the highest since January

Bitcoin By Gavin04/05/2026
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Bitcoin reached $80,000 in just three hours, a 2.7% increase as Asian shares began trading. This is the highest Bitcoin price since January 31st, 2026.

TradingView reports that the Bitcoin rally began around 1:25am UTC. After rising to $78,415, it broke $80,000 in about 75 mins before advancing to $81,515 at 4:20am UTC. data. 

Bitcoin price on Coinbase Monday. Source: TradingView

It was a rally that coincided with an a 2.3% The MSCI AC Asia Index rose to 245.2 in the morning of Monday, surpassing its previous record high of 243.6 set on February 22, a little over a week prior to the start the US-Iran War.

The rise of the MSCI AC Asia Index in the first week is generally indicative of a positive risk sentiment globally in response to the weekend’s developments. However, it does not necessarily mean US stocks will follow.

At the time this article was written, Ether (ETH), BNB (BNB), and XRP(XRP) have also surged, and they are now up by 3.9%, 2,4%, and 3.3% in the past 24 hours. 

Crypto momentum is also building in Washington where banking and crypto industry members are present reached a compromise On stablecoin provisions of the CLARITY Bill, a Senate vote is expected in this month.

Spot Bitcoin ETFs are also available in the US. seen Net inflows were recorded in 11 out of 14 days in the last trading week, which indicates that demand from institutions is still strong.

The US Bitcoin ETF sector’s best day since two weeks was Friday, when $629.8 millions of new money entered the industry.

Nearly 30% increase in Bitcoin from the 2026 Low

Bitcoin has climbed back up to $80.000, a recovery of nearly 30% from its low in 2026 (about $62,000) reached on February 5, while several observers have said Bitcoin is likely to hit $100,000.

Related: Strategy takes Bitcoin buying breather ahead of Q1 earnings report 

MN Trading Capital is one of the founders. Michael van de Poppe, Bitcoin is not in need of a brand new story to get back to $100,000, according to a Friday statement by a Bitcoin expert:

“There doesn’t need to be a narrative that pushes the price upwards,” He stated that as prices rise, the value of stocks will increase. “the narrative will create itself.”

In addition to the US Bitcoin Reserve, the industry also pays attention to the White House’s crypto advisor Patrick Witt who said last week at the Bitcoin Conference held in Las Vegas: “big announcement” The next few weeks will bring news on the Bitcoin Reserve of President Donald Trump. 

Magazine: Adam Back says current demand is ‘almost’ enough to send Bitcoin to $1M

Cointelegraph’s commitment to transparent, independent journalism is unwavering. This article was produced according to Cointelegraph’s standards. Editorial Policy It is our goal to give accurate information in a timely manner. We encourage readers to check information on their own.

“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: cointelegraph.com

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