Bitcoin traded at $79,900 on Monday, having peaked at $80,526 earlier in the session, bolstered by $630 million in ETF inflows. The cryptocurrency experienced a remarkable 12% increase in April, marking its most significant monthly gain in a year. Ethereum also saw a 3% rise, while major altcoins like BNB and Dogecoin surged up to 14%. The global cryptocurrency market capitalization climbed to $2.65 trillion. Analysts suggest that Bitcoin's recent performance reflects a resurgence in buyer confidence, particularly as it surpassed the $78,100 True Market Mean Price, which had previously acted as a resistance level. Despite a mixed macroeconomic backdrop, the market sentiment appears to be improving, with momentum indicators showing strength in Bitcoin's current rally. As traders eye the mid-$80K range as the next target, the transition in Federal Reserve leadership may further influence market dynamics.