Bitcoin Reclaims $80K as Market Capitalization Tops $1.6T

Bitcoin (BTC) reclaimed the $80,000 level on May 5, 2026, as it recorded a 1.26% price gain and traded at $80,695.

The 24-hour volume of $47.3 billion places BTC well ahead of most other assets in the top 25, according to CoinGecko data.

The asset's market capitalization stood at $1.616 trillion, solidifying its position as the number-one tracked asset on the platform.

The recent move above $80,000 was a gradual recovery from the sub-$75,000 range seen in mid-April, which was tied to a broad macro selloff caused by US tariff announcements.