{"id":72095,"date":"2026-05-05T21:10:45","date_gmt":"2026-05-05T21:10:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-bulls-defend-80500-support-driving-7-weekly-surge-to-1-63-trillion-cap\/"},"modified":"2026-05-05T21:10:45","modified_gmt":"2026-05-05T21:10:45","slug":"bitcoin-bulls-defend-80500-support-driving-7-weekly-surge-to-1-63-trillion-cap","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-bulls-defend-80500-support-driving-7-weekly-surge-to-1-63-trillion-cap\/","title":{"rendered":"Bitcoin Bulls Defend $80,500 Support, Driving 7% Weekly Surge to $1.63 Trillion Cap"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li> <span>Bitcoin<\/span> hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions.<\/li>\n<li>The rally triggered $202 million in short liquidations, pushing the <span>crypto<\/span> <span>market cap<\/span> to $2.77 trillion.<\/li>\n<li>While the Strait of Hormuz remains a concern, President Trump\u2019s ceasefire is expected to stabilize oil.<\/li>\n<\/ul>\n<h2>Geopolitical Influence<\/h2>\n<p>After breaching $81,000 for the first time in months early May 5, buoyed by the Trump administration\u2019s downplaying of Monday skirmishes in the Strait of Hormuz, <span>bitcoin<\/span> briefly retreated before establishing support just above $80,500. However, the sell-off lasted only a few hours; by 9 a.m. EST, the <span>cryptocurrency<\/span> was back on the ascendancy, reaching an intraday peak of $81,714.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>Despite two more sharp declines and rapid rises, sell pressure dissipated each time the price retreated, keeping <span>bitcoin<\/span> above $81,000. At the time of writing, <span>bitcoin<\/span> was back above $81,500, representing a 24-hour gain of 1.6% and nearly 7% over a week. This gain lifted <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a>\u2019s market capitalization to $1.63 trillion, which helped push the total <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> economy\u2019s <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-market-cap\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">market cap<\/a> to $2.77 trillion.<\/p>\n<p>While the sudden kinetic exchanges between U.S. forces and the IRGC sent a <a href=\"https:\/\/news.bitcoin.com\/uae-intercepts-missiles-as-bitcoin-surges-past-80k-triggering-270m-liquidations\/\">tremor through global markets<\/a>, the shockwaves were largely absorbed by the Trump administration\u2019s diplomatic stance. President Donald Trump\u2019s firm assertion that the ceasefire remains \u201cfully operational\u201d signaled to institutional investors that Washington has little appetite for a broader regional conflict.<\/p>\n<p>Although the precarious status of the Strait of Hormuz remains a source of long-term anxiety, the immediate market consensus was one of profound relief that a cycle of retaliatory violence had been sidestepped.<\/p>\n<p>The cooling of tensions was most visible in the energy sector. Crude prices, which had initially <a href=\"https:\/\/news.bitcoin.com\/wti-and-brent-surge-following-false-reports-of-us-warship-attack-in-hormuz\/\">spiked<\/a> by 5% following reports of targeted strikes on the Fujairah oil zone terminal in the United Arab Emirates, saw those gains evaporate in real-time. According to market data, Brent Crude dropped to $109 per barrel while WTI slipped to $102 per barrel.<\/p>\n<p> <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a>\u2019s Tuesday jump left short traders licking their wounds, as $123 million in short bets were liquidated over 24 hours. In contrast, approximately $9 million in long bets were liquidated during the same period. Overall, more than $202 million in shorts were liquidated compared to $57 million in longs.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"flex flex-col overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] md:hidden\">\n<div class=\"relative aspect-video w-full overflow-hidden rounded-[15px]\"><\/p>\n<h3 class=\"absolute inset-x-0 bottom-0 m-0 p-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-white\">Bitcoin Breaks $81,000 Behind ETF Inflows, Iran De-escalation and a Short Squeeze<\/h3>\n<\/div>\n<div class=\"flex flex-col gap-2.5 px-1 pt-2.5 pb-1\">\n<p class=\"m-0 line-clamp-2 text-xs leading-[1.3] !text-[#67656E]\">Bitcoin climbed above $81,000 on Tuesday for the first time since January, powered by $2.44 billion in April ETF inflows,\u2026<\/p>\n<p><a class=\"flex h-[38px] w-full items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/bitcoin-breaks-81000-etf-inflows-iran-deescalation-short-squeeze-may-2026\/\">Read Now<\/a><\/div>\n<\/div>\n<div class=\"hidden overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] md:flex md:flex-row md:gap-3 lg:hidden\">\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Breaks $81,000 Behind ETF Inflows, Iran De-escalation and a Short Squeeze\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img src=\"https:\/\/news.bitcoin.com\/images\/uploads\/bitcoin_news_newlogo.svg\" alt=\"Bitcoin.com News\" class=\"size-7\" loading=\"lazy\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-between gap-2\">\n<h3 class=\"m-0 line-clamp-3 text-xl font-bold capitalize leading-[1.17] tracking-[-0.4px] !text-[#1C1C1C]\">Bitcoin Breaks $81,000 Behind ETF Inflows, Iran De-escalation and a Short Squeeze<\/h3>\n<p class=\"m-0 line-clamp-2 text-sm leading-[1.3] !text-[#67656E]\">Bitcoin climbed above $81,000 on Tuesday for the first time since January, powered by $2.44 billion in April ETF inflows,\u2026<\/p>\n<p><a class=\"flex h-[38px] w-full items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/bitcoin-breaks-81000-etf-inflows-iran-deescalation-short-squeeze-may-2026\/\">Read Now<\/a><\/div>\n<\/div>\n<div class=\"hidden overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] lg:flex lg:flex-row lg:gap-4\">\n<div class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\"><img alt=\"Bitcoin Breaks $81,000 Behind ETF Inflows, Iran De-escalation and a Short Squeeze\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F05%2Fbitcoin-breaks-81000-behind-etf-inflows-iran-de-escalation-and-a-short-squeeze-150x150.jpg&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img src=\"https:\/\/news.bitcoin.com\/images\/uploads\/bitcoin_news_newlogo.svg\" alt=\"Bitcoin.com News\" class=\"size-7\" loading=\"lazy\"\/><\/div>\n<\/div>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<div class=\"flex items-start gap-3\">\n<h3 class=\"m-0 min-w-0 flex-1 line-clamp-2 text-2xl font-bold capitalize leading-[1.17] tracking-[-0.48px] !text-[#1C1C1C]\">Bitcoin Breaks $81,000 Behind ETF Inflows, Iran De-escalation and a Short Squeeze<\/h3>\n<p><a class=\"flex h-12 w-[180px] shrink-0 items-center justify-center rounded-pill bg-[#4169E1] text-sm font-medium text-white no-underline\" href=\"https:\/\/news.bitcoin.com\/bitcoin-breaks-81000-etf-inflows-iran-deescalation-short-squeeze-may-2026\/\">Read Now<\/a><\/div>\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Bitcoin climbed above $81,000 on Tuesday for the first time since January, powered by $2.44 billion in April ETF inflows,\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>.<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-bulls-defend-80500-support-driving-7-weekly-surge-to-1-63-trillion-cap\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Bitcoin hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions. The rally triggered $202 million in short liquidations, pushing the crypto market cap to $2.77 trillion. While the Strait of Hormuz remains a concern, President Trump\u2019s ceasefire is expected to [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":72096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72095"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72095"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72096"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}