Bitcoin Soars 23% in Strongest Week Since 2023

Bitcoin's strongest weekly gain since 2023 was driven by a combination of improving liquidity expectations, renewed spot-market demand, and derivatives positioning.

The cryptocurrency surged from around $63,000 to above $77,000 during the week and later moved beyond $80,000. This rally brought back into focus key factors such as Bitcoin's weekly close, spot ETF demand, derivatives positioning, and broader market structure.

According to analysts, the central question is no longer simply why the BTC price increased but whether buyers can defend the reclaimed range long enough to turn a sharp recovery into a more durable bullish phase.