Bitcoin Surges Past $80K Amid Record ETF Inflows
Bitcoin surged past $80,000 for the first time in three months as spot Bitcoin ETFs recorded their highest weekly inflows since October 2025. The flagship cryptocurrency has rallied 38% from its late-June and early-July bottoms around $58,000.
The breakthrough occurred on Monday as Wall Street trading commenced, with the BTC/USD pair advancing approximately 3% during the session before experiencing a modest retreat following the close of European markets.
The upward momentum has received significant support from evolving U.S. Treasury strategies, including declining Treasury yields and potential utilization of its $1 trillion General Account to facilitate buyback operations.
Institutional appetite for Bitcoin strengthened with U.S.-listed spot Bitcoin exchange-traded funds attracting approximately $1.9 billion during the previous week, a figure representing the most substantial seven-day capital influx since October 2025.