business

Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout

CoinDesk · May 4, 2026, 4:26 AM · Also reported by 1 other source

Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% chance on $90,000 this month.

Read full story on CoinDesk → More top stories

Also covered by

Bloomberg Markets Bond Traders Hedge for Both Cuts and Hikes After Fed Division

Aggregated and edited by the Scoop newsroom. We surface news from CoinDesk alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout

Also covered by

More in business