The cryptocurrency market has definitely got some fresh air this year. Bitcoin price defended the key $6000 barrier and started rising amid Middle East tensions. However, unlike with gold, Bitcoin was able to sustain the rally and the price has crossed the $8500 today – the highest level in 2 months. Other cryptocurrencies are gaining as well. Bitcoincash is up 25% just today and its price has already nearly doubled in 2020.

Bitcoin faces a key test as ETFs sell. A summer crypto bear market ahead?
Bitcoin slips to $76k reaching the lowest level since the May 1
Daily Summary: Wall Street Under Pressure Ahead of Nvidia Earnings and Gulf Tensions
Chart of the day: Bitcoin (18.05.2026)