04.05.2026. BTC surging the first time since late Jan 26 peaking near $80,5K on strong buying vol

Bitcoin opened the day around $78,500 amid cautious Asian trading, holding steady near $78,500–$78,800 through early UTC hours (00:00–04:00) as risk appetite slowly built on ETF inflows and macro easing signals. A sharp breakout ignited around 04:00–08:00 UTC, with BTC surging past $80,000 for the first time since late January—peaking near $80,500 on strong buying volume and a clear short squeeze. This momentum carried into the European open (08:00–12:00), where prices tested resistance before a modest pullback to $79,000 on profit-taking. Midday US session (12:00–16:00) saw consolidation around $79,000–$79,800, with volatility spiking on geopolitical noise (Iran-related headlines) yet crypto showing resilience. Late afternoon/evening (16:00–24:00) brought recovery, closing near $79,800–$80,000 (+1.6% on the day) as bulls defended key supports. Total crypto market cap rose ~1.4% to approximately $2.64–2.71T, with 24h volume elevated and over $100M+ in liquidations (mostly shorts). BTC dominance held firm near 60.6%. Altcoins largely lagged in a BTC-led session, finishing mixed: Ethereum traded flat-to-slightly up around $2,340 (+0.5–1%), Solana hovered near $84, and XRP sat at $1.39. Of tracked tokens, 122 rose while 268 fell—small-caps like Particle Network (+31%) and Dash (+10%) pumped on hype, but majors showed limited rotation amid caution. No broad altseason yet; sentiment remained neutral (Fear & Greed ~46). Key stats: BTC 24h range ~$78.2k–$80.7k; market up modestly but leverage-driven; institutional flows supportive via ETFs. Overall, a bullish BTC reclaim of $80k territory with alts waiting for confirmation.  #CryptoRecap #Bitcoin #Altcoins #BTC80K #MarketUpdate #CryptoMarket