Bitcoin holding above $80,000 with altcoins and Coinbase rebounding in a financial chart illustration.
Bitcoin holding above $80,000 with altcoins and Coinbase rebounding in a financial chart illustration.
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Bitcoin holds above 80,000 as altcoins and Coinbase rebound

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Bitcoin stayed above 80,000 dollars on Friday while altcoins led gains across crypto markets. Coinbase shares recovered 10 percent from session lows after the exchange reported a quarterly loss.

Bitcoin held above 80,000 dollars amid a constructive session for risk assets. The Nasdaq climbed 2.2 percent to a record high and the S and P 500 added 0.85 percent, also closing at an all-time high. Friday U.S. labor data showed 115,000 jobs added in April, above forecasts, with unemployment steady at 4.3 percent.

Vad folk säger

Users noted Bitcoin stability above $80k amid altcoin gains and Coinbase's 10% rebound, with some highlighting regulatory optimism and others poking fun at the exchange's reported losses despite market resilience.

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Realistic depiction of crypto traders celebrating Bitcoin-led market rebound to $66,000 with surging charts on screens.
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Crypto market rebounds with bitcoin leading gains near $66,000

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The cryptocurrency market has staged a broad rally after days of selling pressure, with bitcoin reclaiming levels around $65,000 to $66,000. Ethereum and XRP also advanced, pushing toward $1,900 and $1.40 respectively, amid signs of technical recovery. Analysts caution that the bounce may lack fundamental drivers and face resistance ahead.

Bitcoin traded around $72,700 on Thursday, maintaining gains above $70,000 but pausing its recent breakout without pushing toward $80,000. Ether also saw modest increases of less than 1%, as investors assessed macroeconomic risks and derivatives activity. Broader market indices for major cryptocurrencies rose about 3%, while sectors like DeFi showed little movement.

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Bitcoin has bounced back modestly after flirting with US$60,000 last week, following a roughly 50% drop from its October 2025 high. Altcoins continue to underperform as investors shift capital toward AI stocks and more durable crypto assets. This rotation reflects broader market caution amid hawkish Federal Reserve expectations and economic uncertainties.

Bitcoin's price has fallen below $68,000 as escalating US-Iran conflicts drive volatility in cryptocurrency markets. The drop follows a US-Israel attack on Iran and recent statements from leaders on both sides, compounded by weak US jobs data. Other major coins like Ethereum and XRP have also declined.

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Bitcoin climbed above $82,000 on May 6, driven by reports of easing tensions between the United States and Iran. Oil prices fell sharply as President Donald Trump paused a military operation in the Strait of Hormuz. The move triggered more than $200 million in short liquidations.

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