Skip to content
Back to Guavy Wire
Crypto

Bitcoin Tops Charts at $80,798 Amid Muted Price Action

Instruments
BTC
Share

Bitcoin has taken the top spot on CoinGecko's trending coins board, trading at $80,798 with a 0.5% daily gain as of May 10, 2026.

The largest cryptocurrency held its number-one position despite relatively muted price action, with a 24-hour trading volume reaching around $18.7 billion.

Market capitalization sat near $1.618 trillion, solidifying Bitcoin's place as the largest asset by size globally, with a dominance of approximately 58.3% of the total crypto market.

Tom Lee, co-founder of Fundstrat, forecasted that Bitcoin could trade between $150,000 and $200,000 by late 2026, attributing this potential growth to three key factors: institutional ETF demand providing a structural floor, post-halving supply remaining tight, and geopolitical pressure easing.

Bitcoin's price action has been volatile this year, hitting an all-time high of nearly $126,198 on October 6, 2025, before dropping to around $67,936 by April 1, 2026. The asset briefly touched $81,000 on May 5 and is currently consolidating in the $78,000 to $87,000 range.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc