Bitcoin Tops $80K as ETF Inflows Build, Earnings Ahead

Key Moments

Bitcoin Tops $80,000 as Institutional Flows Strengthen

Bitcoin advanced to a three-month peak on Monday, supported by sustained buying in exchange-traded funds and an accumulation of long positions, even as direct spot market interest appeared relatively muted.

The leading cryptocurrency gained 2.7% to trade at $80,286.5 by 00:55 ET (04:55 GMT). It was up nearly 12% so far in April, helped by what appeared to be bargain hunting after earlier pullbacks.

Some progress toward the approval of a significant U.S. regulatory proposal, the CLARITY Act, also offered support to sentiment, although the measure still seemed distant from becoming law.

Other major digital assets moved higher alongside Bitcoin on Monday, but broader upside remained constrained amid persistent uncertainty around the conflict in the Middle East and the outlook for global interest rates.

ETF Inflows Drive Gains While U.S. Spot Market Lags

Bitcoin’s performance in April was largely supported by robust capital inflows into major U.S.-listed Bitcoin ETFs.

According to data from aggregator SoSoValue, net ETF inflows totaled $1.97 billion in April, marking the highest monthly figure since October 2025, when Bitcoin last reached a record high.

Despite this improvement, the April inflows were still below the average monthly pace recorded in 2025. The pickup in ETF demand coincided with strong gains in U.S. equity markets over the same period.

In contrast, spot demand in the U.S. stayed subdued. Bitcoin continued to trade at a discount on Coinbase, the largest U.S. crypto exchange, relative to average global spot prices.

This discount suggested that U.S. retail participation in Bitcoin remained weak and raised the possibility of a reversal following the recent rally.

Strategy Inc. Suspends Bitcoin Purchases Before Q1 Report

Strategy Inc (NASDAQ:MSTR) – described as the largest corporate holder of Bitcoin – halted its regular weekly Bitcoin acquisitions this week.

Chairman Michael Saylor disclosed the pause in a statement, with the decision coming just ahead of the firm’s first-quarter earnings release, scheduled for Tuesday.

Investing.com forecasts indicated that Strategy is expected to report a Q1 loss of $13.67 on revenue of $120.75 million.

The company had previously recorded a substantial loss in the fourth quarter, driven by declines in the value of its Bitcoin holdings.

Altcoins Track Bitcoin Higher

The broader digital asset market moved higher in tandem with Bitcoin.

Ether, the second-largest cryptocurrency by market size, rose 3.6% to $2,387.64.

Among other major tokens, XRP and BNB each gained more than 2%. Solana advanced 2.3%, while Cardano increased 1.9%.

In the memecoin segment, Dogecoin climbed 4.6%, and $TRUMP added 0.8%.