Bitcoin Shatters $80,000 Barrier Amidst Record Institutional Inflows
Bitcoin has shattered the $80,000 barrier for the first time since May 2026, marking a dramatic reversal in cryptocurrency market sentiment. The flagship cryptocurrency briefly touched $81,240 before settling around $79,000, representing a staggering 22% weekly gain.
The driving forces behind this remarkable price action are multifaceted. U.S. spot Bitcoin ETFs recorded approximately $1.92 billion in net inflows last week alone, representing their strongest weekly performance since October 2025 when Bitcoin reached its previous cycle peak.
The Treasury Department's decision to increase bond buyback operations has emerged as the primary catalyst for Bitcoin's explosive move. This intervention represents a significant shift in monetary policy accommodation, effectively providing additional liquidity to financial markets at a time when concerns about economic growth were mounting.