Is Bitcoin about to enter the largest bullish phase in its history? Raoul Pal, one of the most respected macro strategists in the industry, is convinced.
Bitcoin's holding above $80,000. Just barely.
Fresh Bitcoin accumulation absorbed market supply, though rising profitability still threatens renewed distribution pressure.
With the price of Bitcoin back above the pivotal $80,000 mark following a slight rebound on Sunday, several indicators are beginning to demonstrate strength once again. One of the most recent indicator that has turned bullish as market conditions slowly improves is the Bitcoin Realized Cap.
Bitcoin swung sharply into Monday, jumping as high as $82,500 before retreating below $81,000 after Trump's response to Iran's proposal. BTC had gained roughly $8,000 last week, then corrected to $79,100 before reclaiming $80,000 over the weekend. XRP and ADA failed breakout attempts, while total crypto market capitalization fell to $2.
Morgan Stanley's (NYSE:MS) spot Bitcoin exchange-traded product has recorded a solid opening month, attracting nearly $194 million in net new capital while experiencing no days of net redemptions.
As 2026 unfolds, the Bitcoin mining industry is undergoing unprecedented upheaval. Amidst the deepening impact of the Bitcoin halving and tightening global energy regulations, traditional “workshop-style” mining operations are collapsing en masse.
Strategy bought 535 BTC for $43M, lifting holdings to 818,869 BTC days after Saylor said limited Bitcoin sales may fund dividends.
Bitcoin has pushed past the $82,000 mark amid a constructive macroeconomic backdrop that has supported risk assets broadly. The move marks a three-month high and reflects easing geopolitical strains, softening inflation signals, and steady institutional demand through Bitcoin ETFs.
Last week's purchases were funded by sales of the company's common stock.
French-listed Bitcoin treasury specialist Capital B has raised €15.2 million through a targeted private placement. The funding round drew participation from prominent global institutional investors, including Bitcoin advocate Adam Back—creator of the Hashcash proof-of-work concept foundational to Bitcoin—and asset management firm TOBAM.
Strategy, the Virginia-based business intelligence firm led by Michael Saylor, acquired 535 bitcoin for approximately $43 million, paying roughly $80,340 per coin and bringing its total treasury to 818,869 BTC.