Why is the crypto market going up today? (May 5)
The post Bitcoin at $80K: What are the Critical Signals to Confirm a Bullish Breakout? appeared first on Coinpedia Fintech News
In the last 24 hours, Bitcoin (BTC) has repeatedly broken above the $80,000 psychological level, having abandoned it in January. The burning question in the market now is whether this marks a bullish reversal or simply a fakeout.
Achieving $80K was triggered by a massive short squeeze. According to crypto market data andย analytics platform CoinGlass, short trader liquidations totalled $199.32 million in the past 24 hours,ย
Another contributory factor is renewed institutional interest in the flagship coin. This was evidenced by $629.8 million in spot Bitcoin ETF inflows on May 1 and $603.14 million on May 4.ย
Even more, Strive recently acquired 444 BTC, bringing its treasury to 15,000 BTC and making it the 9th largest public corporate Bitcoin holder globally. Meanwhile, Strategy announced a temporary pause in its Bitcoin purchases to remain compliant with regulations ahead of its May 5 Q1 2026 earnings report.
Treasuries & #ETFs Board. Crypto Accumulation and Capital Flows
โ CryptoDiffer Analytics (@CryptoDiffer) May 4, 2026
April closed as the strongest month of 2026, with approximately $1.97B in net #inflows across crypto treasury strategies and ETFs. pic.twitter.com/iWdRs4Eu3H
As prices crested at $80K, the 2-3 year BTC holding cohort, or those who accumulated just before the crypto ETF launches, ramped up their profit-taking. According to on-chain intelligence platform Glassnode, this group liquidated $209 million/hr, cashing in profits of 60%-100%.

Source: Glassnode
Still, Bitcoin remains indecisive about maintaining the $80K milestone. Multiple closes above this level could ignite a short squeeze, leading to $84,000-$85,500.ย
Another sign of a bullish reversal would be BTC forming higher highs while its relative strength index (RSI) forms lower highs. Currently, the RSI reads 65.
Additionally, the 24-hour Bitcoin trading volume rallied to $56.51 billion on May 4, up from $16.76 billion on May 2. While indicating high short-term growth, these trading volumes remain lower than those recorded during previous breakouts. A periststent uptrend would demand even higher volumes, indicating strong institutional conviction and unwavering absorption of overhead supply.
To keep a bullish structure intact, prices must hold above the $72,352 100-day moving average. Defensive zones would be between $73,000 โ $75,000, where a fall below this would suggest the upswing was but a bull trap.
The post When Will Bitcoin Price Hit $100,000 Again? appeared first on Coinpedia Fintech News
Arthur Hayes does not deal in vague timelines. Speaking at the Cointelegraph booth at Bitcoin Vegas, the BitMEX co-founder put a specific window on Bitcoinโs return to six figures: after the northern hemispheric summer.
โI think weโre going to hit $100,000 after the northern hemispheric summer,โ Hayes said, โmostly because the dollar liquidity situation is improving.โ
His reasoning is macro rather than technical. Wartime financing through commercial banks in the US and other economies is injecting liquidity into the system in ways that are beginning to show up in risk asset performance. Bitcoin, he argued, is already starting to outperform the NASDAQ and US tech stocks as a result of this dynamic, and he expects that outperformance to continue into the autumn.
On the question of whether new all-time highs are possible this year, Hayes was measured but bullish. โI think we could get through $125,000 by the end of the year.โ
Hayes acknowledged the Iran conflict as the key risk to his timeline but said markets are already looking past it. He pointed to oil price spreads as evidence that supply is moving through the Strait of Hormuz in sufficient quantities to prevent a complete breakdown, even if politicians are publicly characterising the situation as unresolved.
โIf you assume the Iran war is not going to get super duper messed up, then I think markets look past that,โ he said. โThereโs enough stuff coming through the street, even though the politicians claim itโs close.โ
Hayes recently bought over a million dollars of Hyperliquid, describing it as the only altcoin that genuinely matters right now. His thesis is simple: real clients spending real money on a platform that is generating actual revenue and returning value to token holders through buybacks or staking rewards. Everything else, including Dogecoin as an altcoin season indicator, he dismissed entirely.
โIf youโre not doing any of those things, I donโt care about you,โ he said.
The post Capital B and Adam Back Raise โฌ1.1M for Bitcoin Strategy appeared first on Coinpedia Fintech News
Capital B has raised โฌ1.1 million alongside Adam Back while revising its B-04 convertible bond terms to speed up its Bitcoin treasury plan. The adjustment lowers the conversion price and improves incentives for future conversion into equity. This move is part of Capital Bโs wider strategy to accumulate more Bitcoin and strengthen its position as a Bitcoin-focused treasury company amid rising institutional participation in digital asset markets.
The post Morgan Stanleyโs Bitcoin ETP Draws $100M in Days, Fuels Bitcoin Rally appeared first on Coinpedia Fintech News
Morgan Stanley has launched a Bitcoin exchange-traded product (ETP), drawing more than $100 million in inflows within six days, according to reports.
The product, MSBT, attracted demand before being made available through the firmโs financial advisors, indicating early activity was largely driven by self-directed investors.
The initial inflows suggest investors are allocating to Bitcoin exposure independently, without waiting for advisory guidance.
Amy Oldenburg said, โAll of that was self-directed; it was not even available in advisory on the wealth platform,โ highlighting that early demand came before advisor distribution.
Morgan Stanley recommends a 2% to 4% Bitcoin allocation for eligible portfolios. However, advisor adoption remains limited compared to client demand.
Oldenburg said this reflects an education gap rather than a lack of interest. Around 80% of ETP exposure on the platform is currently self-directed. The firm is expanding internal training to support advisors.
Morgan Stanley expects Bitcoin to eventually be included on bank balance sheets, though regulatory constraints remain.
Oldenburg said, โThe regulatory environment has been more supportive,โ but noted that Federal Reserve policies, Basel capital rules, and global compliance requirements still limit broader integration.
The firm is pursuing a digital trust charter from the Office of the Comptroller of the Currency (OCC) to enable crypto custody and spot trading.
The MSBT product currently uses Coinbase and BNY Mellon as custodians.
MSBT enters a market led by BlackRockโs iShares Bitcoin Trust (IBIT), which holds more than $61 billion in assets.
Morgan Stanleyโs product carries a fee of 0.14%, compared with 0.25% for IBIT. However, IBIT continues to lead in trading volume and market liquidity.
Morgan Stanleyโs network of about 16,000 advisors may support future inflows once the product is fully integrated into advisory channels.
The post Quantum Threat to Bitcoin Sparks New Proposal to Protect Old Wallets appeared first on Coinpedia Fintech News
A new proposal from Paradigm aims to safeguard Bitcoin from future risks posed by quantum computers. Researcher Dan Robinson introduced PACTs, allowing holders of older wallets to prove ownership without moving funds. The system uses cryptographic timestamps today and quantum-resistant proofs later to unlock assets if vulnerable addresses are frozen. It could protect dormant holdings, including those linked to Satoshi Nakamoto, and offer an alternative to stricter proposals like BIP-361.
The post Bitcoin Faces Key $80K Resistance as ETF Inflows and Whale Buying Rise appeared first on Coinpedia Fintech News
Bitcoin briefly touched $80,000 for the first time in weeks before slipping back near $79,000, setting up a major market battle. Spot Bitcoin ETFs attracted $600 million in inflows on May 1, while whales accumulated 270,000 BTC over the past month โ the largest buying spree since 2013. Meanwhile, exchange reserves dropped to a seven-year low, tightening available supply. A breakout above $80K could quickly push BTC toward the $84K-$88K range, while another rejection risks a deeper correction toward $66K.
The post Bitcoin Price Hits $80,000 USD appeared first on Coinpedia Fintech News
Bitcoin surged toward the $80,000 mark, triggering more than $116 million in crypto liquidations within an hour, including $114 million in short positions. The move showed strong bullish momentum as traders betting against BTC were forced out. Although Bitcoin briefly broke above $79,000, it faced rejection near $80,000 and pulled back while still holding key support levels. This matters because a successful reclaim of the $80,000 zone could increase the chances of BTC moving higher to fill the important $84,000 CME futures gap.

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