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Crypto

Bitcoin pauses ahead of $80,000 as Fed, war variables draw focus

Bitcoin closed weekly trading above its 21-week exponential moving average for the first time since October 2025, putting attention on whether it can retake $80,000. Analysts cited $79,000 and $73,000 as key levels and said liquidations could add volatility. Markets are also watching the path of a U.S.-Iran war and a series of Federal Reserve events. Some on-chain analysis pointed to institutional demand supporting the downside.

Industry

How AI made Taiwan a $4 trillion economic powerhouse

Taiwan’s stock market capitalisation has swelled to $4.14 trillion this month, overtaking Britain to become the world’s seventh-largest market. A key driver has been a surge in semiconductor demand linked to the spread of artificial intelligence, with TSMC at the centre of the shift. TSMC posted strong first-quarter profit and revenue growth, while foreign investors bought $8.9 billion of Taiwan shares in April. Export orders also jumped in March.

Crypto

Bitcoin hits highest since February on Trump ceasefire extension

Bitcoin rose above $79,000 at one point, its highest level in about 2 1/2 months, as expectations of easing Middle East tensions boosted appetite for risk assets. The rebound followed U.S. President Donald Trump’s decision to extend a ceasefire with Iran for two weeks while keeping a port blockade. U.S. stocks also gained. Analysts also cited central bank gold buying and a surge in China’s silver imports, while warning risks remain.