[Bitcoin Rises to Three-Month High, Holds Key $80,000 Level] According to a report by Jinse Finance, on May 5, data from the London Stock Exchange Group showed that Bitcoin rose to a three-month high of $81,272. Despite escalating tensions in the Middle East, the cryptocurrency has consistently held above the critical $80,000 level, encouraging buyers. In a report, Naeem Aslam of Zaye Capital Markets stated: 'We believe this [$80,000] level is significant because it indicates whether buyers are strong enough to defend Bitcoin during a week of geopolitical risks, inflationary pressures, and limited new economic data.' He noted that stronger institutional demand is helping to support Bitcoin. However, geopolitical instability brings complex effects. Aslam explained that as an alternative asset, Bitcoin benefits from such situations, but concerns about inflation can reduce its appeal. Iran's attack on a key oil port and several ships in the UAE has tested the fragile ceasefire agreement.