Bitcoin Logs Record Weekly Gain as Strive CEO Forecasts Next Cycle Will Be the Strongest Ever
Bitcoin's price surged to a record weekly gain in dollar terms, marking a significant shift in market sentiment. The token ended the week at $77,387, up $14,264 from the previous seven days, representing a 22.7% increase, its largest weekly rise ever.
The catalyst for this rally was the U.S. Treasury's announcement to expand its Treasury buyback program, leading to improved investor sentiment and a sharp climb in the Crypto Fear and Greed Index to 78, its highest since December 2024.
Data from SoSoValue showed US spot Bitcoin ETFs saw net inflows of $1.92 billion during the week, marking the largest weekly inflow since October 2025's peak bull market.
Strive CEO Matt Cole stated that 'Bitcoin has broken out against both the dollar and gold at the same time,' describing the move as 'explosive.' He predicted that the next Bitcoin cycle will be the strongest investors have ever seen, driven by demand for scarcity in an age of AI-driven abundance.