Bitcoin Below $80k Resistance -- Market Talk

Dow Jones05-04 22:21

1021 ET - Bitcoin is flat at roughly $78,900, according to data from LSEG. The threshold of $80,000 remains a difficult line for bitcoin to cross and stay above, with caution surrounding the latest developments in the Middle East conflict keeping risk appetite limited. However, money flow into bitcoin is growing, suggesting that interest in the cryptocurrency is strengthening. "Last week, spot Bitcoin ETFs recorded roughly USD 160 million in net inflows, with Friday alone accounting for over USD 600 million," says market analyst Ramy Zeytouni in a note. "If sustained, these flows could allow Bitcoin to remain resilient." Ethereum is up 0.3% to $2,334, and XRP is flat at $1.39. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

May 04, 2026 10:21 ET (14:21 GMT)

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