Bitcoin surged past the $80,000 mark on Monday, reaching its highest level in over three months as global market sentiment strengthened. The world’s largest cryptocurrency briefly climbed to around $80,400, supported by gains in Asian equity markets, which are nearing record highs.
The rally follows strong earnings from major tech companies, boosting risk appetite across financial markets. Other cryptocurrencies, including Ether, also moved higher alongside Bitcoin.
Investor confidence has been further supported by steady inflows into US-based Bitcoin exchange-traded funds, signaling continued institutional interest. At the same time, optimism around potential US regulatory progress on stablecoins is adding momentum to the crypto sector.
Compare Top Forex brokers and start trading and investing with a trusted partner
Geopolitical tensions in the Middle East remain a key factor for markets. While the US signaled efforts to stabilize shipping routes in the Strait of Hormuz, warnings from Iranian officials about possible escalation are keeping investors cautious.
Bitcoin previously hit an all-time high above $126,000 in late 2025 before dropping to near $60,000 earlier this year. Its latest move above $80,000 is seen by analysts as an important psychological level that could open the door for further gains if sustained.
Brokers to trade Bitcoin and crypto CFDs:
- HF Markets – Min. deposit $5, spreads from 0.1, leverage up to 1:1000, supports MetaTrader 4/5.
- Exness – Min. deposit $10, spreads from 0.3, flexible leverage (up to unlimited), wide crypto offering.