Bitcoin Surges to $80K as Dominance Reaches New Heights

Bitcoin (BTC) has taken the top spot on CoinGecko's trending coins board, reaching a price of $80,798 in early trading hours on May 10, 2026. This marked a minor daily gain of 0.5% for the largest cryptocurrency. Despite this, the 24-hour price action remained relatively muted.

The asset's market capitalization sat near $1.618 trillion, solidifying its position as the largest globally. Bitcoin dominance currently stands at around 58.3% of the total crypto market, according to CoinGecko data. It is worth noting that the trending rank on CoinGecko measures retail attention, not buying pressure.

Spot Bitcoin ETFs in the United States have seen a significant influx of investment over the past six weeks, pulling in roughly $3.4 billion. This marks the longest positive streak since July 2025, with cumulative flows reaching above $58 billion since their January 2024 launch.