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Bitcoin briefly traded above $82,800 last week

5/12/2026

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By​ Simon Peters, Crypto Analyst at eToro
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Please find below the latest crypto market commentary from eToro, highlighting insights from Simon Peters, Crypto Analyst at eToro, on bitcoin’s recent price action, altcoin momentum, and the launch of the first Canton Network ETF by 21Shares.
 
Bitcoin briefly traded above $82,800 last week as investor sentiment remained positive, while several altcoins outperformed amid growing appetite for broader crypto exposure. The commentary also explores the significance of 21Shares’ launch of the TCAN Canton Network ETF, reflecting increasing institutional interest in blockchain infrastructure products beyond bitcoin.
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