Bitcoin's price climbed to $80,393, marking its highest point in over three months, as Asian stocks approached record highs. The rise was supported by stronger-than-expected corporate earnings from technology firms, contributing to a buoyant market atmosphere. The MSCI Asian equities gauge is nearing an all-time high set in February, prior to the onset of the US-Israel conflict over Iran. Amidst mixed signals regarding the situation in Iran, Bitcoin has gradually recovered from a significant drop earlier this year, when it fell to around $60,000 in February after peaking at over $126,000 in October 2022. Institutional interest has been a key driver, with US Bitcoin exchange-traded funds witnessing $630 million in net inflows recently. Market analysts, including Richard Galvin from DACM, believe that surpassing the $80,000 mark could provide further positive momentum for Bitcoin and the broader cryptocurrency market.