Bitcoin has surged past $80,000 for the first time in three months, buoyed by a ceasefire in the US-Iran conflict that has eased macroeconomic pressures and lowered oil prices.
Markets now show a 99.4% probability that Bitcoin will remain above $66,000 by May 7, reflecting renewed confidence.
The de-escalation comes amid increased US enforcement against North Korean crypto assets and ongoing regulatory efforts, including the White House push for the CLARITY Act following a stablecoin yield compromise.
Analysts say further gains toward $115,000 may require additional bullish catalysts. Traders are watching Bitcoin ETF flows and US-Iran developments for the next big move.