Bitcoin Surges Past $80,000 as Trump's Project Freedom Eases Strait of Hormuz Fears

Bitcoin Surges Past $80,000 as Trump's Project Freedom Eases Strait of Hormuz Fears

Bitcoin climbed above $80,000 late Sunday, reaching its highest level since January 31 and reclaiming a price threshold that had capped every recovery attempt since November 2025. The largest cryptocurrency rose 2.6% over 24 hours to $80,150 as of 11:40 p.m. ET, according to The Block’s price page. The rally coincided with President Trump’s announcement of “Project Freedom” on Truth Social, a U.S. military operation to escort neutral cargo ships…

Bitcoin ETFs pull in $532M as BTC reclaims $80K amid ‘post-ceasefire recovery’

Spot Bitcoin ETFs pulled in over $532 million on Monday as BTC surged past $80,000 amid improved risk sentiment following the US-Iran ceasefire.

Bitcoin jumps past $80K as Hormuz tensions catch traders off guard

Bitcoin has climbed past $80,000, triggering a wave of short liquidations as geopolitical developments and institutional demand continue to support the rally.According to data from Coingecko, BTC rose nearly 3% to reach $80,529 on Monday, pushing through a level that had capped price action for weeks while extending its monthly gains beyond 20%.Momentum picked up after Donald Trump outlined “Project Freedom” on May 3 via Truth Social, describing…

Bitcoin Reclaims $80K for First Time Since January, Flips Key Resistance

Bitcoin has broken back above $80,000 for the first time since January 31, 2026, driven by a $120 million single-day spot purchase and easing geopolitical tension that had suppressed the asset for more than three months. The move caught short traders off guard, with liquidations reaching $163 million as the rally gathered momentum above a level that had acted as a ceiling through much of the first quarter. Trump's Hormuz Announcement Lifts Risk …

Bitcoin Price Surge Pushes BTC Above $80K After Project Freedom

Bitcoin price surge took center stage as the cryptocurrency moved past the $80,000 level early Monday, marking a notable shift in market direction. The asset surged to $80,050 in the earlier session, registering a 2.3% move higher while trading volumes exceeded $31.8 billion during the breakout. Currently trading around $79,627.66, up 1.97% over the last 24 hours, Bitcoin is holding near the breakout zone, with total daily volume rising to $33.0…

Bitcoin News Today: BTC USD Smashes $80K as Trump Unveils ‘Project Freedom’

In Bitcoin news today, BTC USD hit $80,529 on Monday, May 4, a four-month high, hours after President Donald Trump announced Project Freedom via Truth Social. The move pushed BTC up nearly +3% on the day and over +20% in the past month, blowing through a resistance level that had held the price back all weekend. More than $160M in Bitcoin short positions were wiped out in the process, with total crypto market liquidations crossing $300M, while t…