"Bitcoin price broke above $81,000 during Asian trading hours and early U.S. hours today, its highest price since late January and the latest sign that the market has moved past a brutal first-quarter stretch that bottomed near $60,000."
"U.S. spot Bitcoin ETFs pulled in $2.44 billion in net inflows last month - the strongest monthly figure since October 2025, when Bitcoin price hit its $126,000 all-time high."
"Iran has allegedly been charging oil tankers $1 per barrel in Bitcoin to pass through the Strait of Hormuz since mid-March, a toll the country chose in crypto because the funds are harder to freeze under sanctions."
"The options market tells a story of traders who saw this coming. Nomura's Laser Digital flagged in a Tuesday research note that desks had built cheap upside call ratio structures over the past several weeks."
Bitcoin's price exceeded $81,000, marking its highest level since January. This increase was fueled by significant institutional investments in ETFs, geopolitical tensions, and a derivatives market prepared for a rise. In April, U.S. spot Bitcoin ETFs saw $2.44 billion in net inflows, with BlackRock's IBIT capturing a substantial share. Additionally, Iran's use of Bitcoin for oil transit fees contributed to the price movement. Despite a brief dip due to geopolitical claims, Bitcoin rebounded following a U.S. military operation announcement.
Read at Bitcoin Magazine
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