Bitcoin miner Hut 8 has refinanced its $200 million Bitcoin-backed credit facility with FalconX at a 7% fixed rate, replacing its Coinbase loan and unlocking approximately 3,300 BTC worth $260 million from collateral.
Bitcoin reclaims $80,000 on ETF inflows and leveraged demand, but CryptoQuant data flags weak spot buying and Polymarket gives only 23% odds to $90K this month.
Bitcoin surged past $80,000 early Monday, marking its highest level since late January, before stabilizing near $79,800. This sharp move sparked over $370 million in crypto liquidations within 24 hours, impacting more than 97,000 traders.
Bitcoin BTC$78,955.87 has pulled back to $79,000 after briefly topping $80,000 during the Asian hours. As of writing, the leading cryptocurrency by market value was still up 0.4% on a 24-hour basis.
Paradigm researcher Dan Robinson has proposed a new mechanism that could let long-dormant Bitcoin holders, including Satoshi Nakamoto, preserve a future claim to their coins if Bitcoin ever has to restrict spending from quantum-vulnerable addresses.
Bitcoin price briefly topped $80K as Donald Trump announced Project Freedom, with ETF inflows near $630M and BTC volume around $34B.
Bitcoin gained fresh bullish BTC price targets after hitting new three-month highs above $80,000.
Bitcoin reclaims $80K as STH resistance meets ETF-anchored support, testing breakout strength.
Bitcoin briefly reclaimed the $80,000 psychological level during early Asian trading hours on May 4, the first time since February, amid its quiet upward march in recent weeks. Data from CryptoSlate showed that the top crypto touched an intraday high of $80,529 before slipping back toward $79,621 as of press time.
The reported attacks came after Trump announced a naval mission in the key Strait of Hormuz.
Bitcoin climbed above $80,000 for the first time since January as Trump's Project Freedom announcement and easing Iran tensions fueled a risk-on rally and a wave of short liquidations.
Bitcoin (BTC) price surged past $80,000 on May 4, its highest level since January 31, 2026, amid bullish sentiment.