Bitcoin Tops $80,000 as Institutional Inflows Surge
Bitcoin surged past $80,000 on Monday, breaking through a key level last tested in May. The price touched $81,272, marking a significant milestone for the cryptocurrency.
Nearly $2 billion in net inflows into U.S. spot Bitcoin ETFs over five consecutive trading days confirms the return of institutional demand, according to data compiled by Woofun AI.
GSR's Andy Bell notes that this breakthrough signals a market structure expanding from single-asset exposure to multi-chain applications.