- Bitcoin climbed back above $80,000, leading gains across the broader cryptocurrency market.
- US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to five straight weeks, suggesting institutional inflows helped support the rally.
- Markets are watching this week’s US initial jobless claims and news on US-Iran negotiations as key factors that could shape short-term price direction.
Forecast Trend Report by Period
Bitcoin climbed back above $80,000, leading gains across the broader cryptocurrency market.
The Block reported that Bitcoin traded at about $80,150 on May 4, up roughly 2.6% from a day earlier. Ether rose 3.6% to $2,382 over the same period, while XRP…
