Monday, when Asian stocks started trading, Bitcoin soared 2.7% in three hours, surpassing $80,000 for the first time since January 31, 2026. According to CMC data, the Bitcoin surge started at 1:25 am UTC and rose from $78,415 to $80,000 roughly 75 minutes later, then to $80,515 by 4:20 am UTC.
During the same time as the rally was taking place, the MSCI AC Asia Index rose 2.3% to 245.2 on Monday morning, surpassing its previous high of 243.6 set on February 22, just one week before to the start of the US-Iran conflict.
An increase in the MSCI AC Asia Index at the beginning of the week shows that global risk sentiment is favorable after the events of the weekend, but it doesn’t guarantee that US shares will do the same. At the same time, BNB (BNB), Ether (ETH), and XRP (XRP) were also up over the last 24 hours.
Positive Momentum
Members of the financial and crypto sectors struck a consensus on stablecoin yield rules in the CLARITY Act, and a Senate markup is likely this month. This comes at a time when crypto momentum has been developing in Washington, which might explain the price spike.
Net inflows into US-based spot Bitcoin exchange-traded funds have occurred on 11 out of the last 14 trading days, suggesting that demand from institutions is still high. With $629.8 million flowing into the US Bitcoin ETF market on Friday, it was the best day for the sector in two weeks.
From its 2026 low of over $62,000 set on Feb. 5, Bitcoin has recovered almost 30% to return to $80,000, and according to many industry watchers, there is a way for Bitcoin to reach $100,000.
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