Bitcoin Holds Near $81,000 as Market Watches
- Bitcoin
- Bull Runs
Bitcoin opened at $81,423.91 on May 7, 2026, marking its highest opening since January 31. It dipped slightly to $80,936.01 by morning, while Ethereum opened at $2,350.72, down from the prior day. CT is split between calling this a pre-rally consolidation and warning of a fakeout before a dump. Arthur Hayes' recent comments on a Fed-driven rally have added fuel to the bull narrative.