Bitcoin Surges Past $80K with Record Trading Volume and Market Cap

Bitcoin reclaimed the $80K mark on May 5, 2026, with a market capitalization of over $1.616 trillion and a daily trading volume of $47.3 billion.

The asset's price surged by 1.26% in the past 24 hours, reaching an all-time high of $80,695, according to CoinGecko's data.

This recovery comes after Bitcoin fell below $75,000 in early April due to a broad macro selloff tied to US tariff announcements.

While the current market context is different from the one in March 2025, when BTC climbed to above $95,000 within three weeks, analysts are keeping an eye on potential technical areas of interest, such as a retest of $85,000.