The 80k level has stabilized, with ETF experiencing a net inflow of $2.4 billion in a single month; institutions are truly voting with real money.

BTC and U.S. stocks hit new highs simultaneously: reshaping institutional patterns, market enters a critical juncture

On May 5th, the cryptocurrency and U.S. stock markets achieved a historic breakthrough simultaneously. BTC broke through $81,286, reaching a new high since January 2026; the S&P 500, Nasdaq, and Russell 2000 all closed at record highs together for the first time since 2021, signaling a resonance and strengthening across asset markets.

BTC experienced three key data points landing on the same day, completely reshaping the institutional landscape. Strategy holdings reached 815,061 BTC, officially surpassing BlackRock's iBit holding of approximately 814,000 BTC, becoming the world's largest single institutional BTC holder, demonstrating long-term firm commitment from enterprise-level institutions to Bitcoin. Meanwhile, net inflows into spot ETFs in April reached $2.44 billion, setting a new monthly record for the year, with institutional capital continuing to pour in enthusiastically. On the policy front, the probability of the CLARITY Act passing jumped from 46% to 64%, as bipartisan compromise on stablecoin provisions cleared obstacles for the bill's progress, and improved regulatory expectations further boosted market confidence.

In the U.S. stock market, the Mag 7 earnings season exceeded expectations overall, and the hawkish signals from the FOMC have been fully digested by the market, with sentiment continuing to improve. Currently, attention has shifted to the non-farm payroll data on May 8th, which will be a key point in assessing the Federal Reserve's policy pace and influencing subsequent asset trends.

The simultaneous new highs of BTC and U.S. stocks not only reflect institutional preference for risk assets but also mark an increasing linkage between crypto assets and traditional financial markets. The new market pattern led by institutions is accelerating to take shape. #Gate广场五月交易分享 #比特币站稳8万关口 #加密市场回升 @Gate广场_Official