Bitcoin Price Stalls Near $80,000 as Traders Take Profits

Bitcoin's price surge has stalled at around $77,000 after gaining over 23% last week, its strongest weekly gain since mid-March 2023. The rally was driven by the US Treasury buyback announcement and supported by institutional demand.

US-listed spot ETFs recorded a record-breaking $1.92 billion in weekly inflows, their highest weekly inflow so far this year and the largest since October 2025.

On-chain data suggests traders may have started taking profits as BTC nears the key $80,000 mark, which could lead to short-term consolidation or a pullback.