Bitcoin crosses $80,000 for first time in 3 months on Asia rally

Bitcoin surged past $80,000 for the first time in over three months. It rose almost 1.9% to $80,393 in Singapore trading on Monday, its highest level since January 31, amid strong Asian equities. Optimism over a potential US deal on a key stablecoin provision, which could pave the way for broader crypto legislation in the Senate, has lifted sentiment.