The three major US stock indices closed higher, with crypto concept stocks generally rising

According to Santiment data, the ratio of bullish and bearish comments in Bitcoin social media sentiment reached 1.37:1, the highest level in about four months. The price of Bitcoin has rebounded to over $80000, and retail traders' sentiment has turned optimistic. Historical data shows that market volatility risk may increase when emotions are high. （Santiment）

Matthew Sigel, head of digital asset research at VanEck, stated that the price of Bitcoin is expected to reach $1 million in the next five years. He likened the adoption path of Bitcoin to electronic games, gradually moving from niche groups in the early days to widespread adoption, and particularly optimistic about young investors continuing to increase their allocation. However, this prediction is still aggressive compared to the current price of around $80000, and similar optimistic views in the market are mostly from holding related institutions.

On May 6th local time, US President Trump expressed optimism about reaching a framework agreement with Iran, expecting the deal to be reached within a week. Trump stated that the agreement may include Iran transporting highly enriched uranium to the United States and committing not to operate underground nuclear facilities. He also stated that the United States is close to reaching an agreement, but warned that if Iran does not agree, military action will be taken.

Bitmine increased its holdings by 145000 ETH last month and pledged approximately 770000 ETH, bringing its pledged assets to 88% of its investment portfolio. （CryptoQuant）

The market value of the US stock market increased by about $1 trillion today, indicating a significant growth in the market. （Watcher.Guru）