Bitcoin Tops $77k as Bank of America Increases Crypto Holdings

Bitcoin (BTC) price increased by more than 1% over the past 24 hours to $77,080.93, slightly outperforming a broadly flat market, primarily driven by a repricing of geopolitical risk.

BTC’s gain was driven by investor optimism following Bank of America’s disclosure of higher crypto holdings.  Bank of America has increased its exposure to spot Bitcoin ETFs, tilting its crypto bets more toward Bitcoin than Ethereum or Solana.

In its Q1 2026 13F, Bank of America reported nearly $53 million in crypto ETF holdings, led by BlackRock’s iShares Bitcoin Trust (IBIT) at about $37.3 million (972,590 shares), up from 719,008 shares the prior quarter. This is detailed in its Q1 2026…