**🚀 #BTC Bitcoin Surges Past $80,000 Ahead of Halving Rally (May 7, 2025)**
### **🔥 Today’s Top $BTC Bitcoin News (May 7, 2025)**
#### **1. Bitcoin Hits $80,000 – Highest Since 2024 Bull Run**
- BTC surged **8% this week**, fueled by:
✅ **Spot ETF inflows** ($1.2B in May alone)
✅ **Halving supply squeeze** (block rewards now 3.125 BTC)
✅ **Weak USD** as Fed signals potential rate cuts
#### **2. SEC Approves First Leveraged Bitcoin ETFs**
- 2x and 3x $BTC ETFs greenlit, causing **surge in derivatives trading**
- Analysts warn: *"Higher rewards but extreme volatility ahead"*
#### **3. Institutional Adoption Accelerates**
- **BlackRock’s BTC holdings** now exceed 250,000 coins
- **El Salvador** doubles down, buying 500 BTC at $78,000
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### **📊 Market Snapshot**
| Metric | Value |
|---------|--------|
| **Price** | $80,450 |
| **24H Change** | +2.3% |
| **Market Cap** | $1.58T |
| **Fear & Greed** | 79 (Greed) |
[Bitcoin Halving )
*Post-halving supply shock begins to impact price. (Source: Glassnode)*
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### **🔮 What’s Next?**
- **$85K target**: Traders eye breakout if ETF flows continue
- **Regulation watch**: EU’s MiCA 2.0 draft due June 2025
- **Altcoin season?** $ETH , #SOL rally as BTC dominance dips to 48%
*💡 Pro Tip: Watch Bitcoin’s 200-day MA ($75K) as key support.*
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*Disclaimer: Not financial advice. DYOR.*