Bitcoin Tops $80k as Institutional Demand Soars Amid Dollar Liquidity Boost
The Bitcoin price has surpassed $80,000 on Tuesday after a 4.48% surge in 24 hours, outperforming the broader market's 3.42% gain.
This rally is driven by renewed institutional demand and macro liquidity tailwinds, with nearly $2 billion added to U.S. spot Bitcoin ETFs over five sessions.
The U.S. Treasury's announcement to double its long-term bond buyback caps has added dollar liquidity and suppressed yields, creating a favorable environment for scarce assets like Bitcoin and Gold.
Crypto analysts say the trend is bullish but extended, with the market watching for consolidation or a pullback before the next leg.