Bitcoin Surges Past $80K as Remittix Closes in on Listing Reveal
Bitcoin's price broke above $80,000 in late August for the first time since May, marking a decisive recovery in the crypto market. The rally was fueled by ETF inflows, a weaker dollar, short liquidations, and renewed demand for scarce assets.
The move has revived bullish predictions targeting $95,000 to $100,000, with many analysts citing the breakout as a sign of improved market structure. However, Bitcoin later encountered profit-taking around $81,000, leaving bulls eager to see the area become durable support.
Meanwhile, Remittix is approaching its RTX listing-date reveal, having raised $31.75 million toward a $36 million hardcap. The project is due to announce the listing date when it reaches $32 million, giving the presale a specific near-term catalyst. With over 40,000 participants and a wallet available on Apple's App Store, Remittix is building momentum ahead of its broader launch.
The Remittix PayFi platform connects crypto with bank accounts, allowing users to send digital assets while recipients receive fiat through their bank accounts. This has given the project practical momentum in cross-border payments, one of the biggest adoption markets for crypto.