Bitcoin price hits $80,000 after 28% rally


Bitcoin crossed $80,000 on Aug. 25 for the first time in almost 15 weeks, extending one of its strongest short-term advances since 2021.
Bitcoin crossed $80,000 for the first time since May 15, extending its eight-day recovery sharply.
Bitcoin gained roughly 38% from its late-June low below $58,000 as buyers returned to markets.
U.S. spot Bitcoin ETFs attracted about $1.92 billion last week, their strongest intake since October.
Treasury doubled long-end buyback limits to at least $4 billion, while yields initially declined afterward.
Money Flow Index reached 77.22, showing strong demand while warning that momentum appears stretched short-term.#BTCBreaks$81k #CandyDrop1BTCForOldUsers #TopFiveLeaguesPreMatchPredictor #StakeALIGNShare10MTokens #GateStockInsightsChallenge $BTC
BTC-0.08%
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CodeSlicer
· an hour ago
Breaking above 80,000 is certainly encouraging, but don’t celebrate too soon—it was only a few weeks ago that we fell from this level. Let’s see whether this move can hold first.
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RRRatioDisciple
· an hour ago
The $80,000 level has finally been broken. This rebound is truly fierce—just a month ago, it was hovering around $58,000, and now it has shot straight up. All I can say is, the big players really know how to play.
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HalvingWhisper
· an hour ago
The U.S. Treasury doubled its buyback cap to $4 billion, while yields fell first—this one-two punch is driving liquidity into risk assets, benefiting BTC.
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L2Messenger
· an hour ago
A 38-point gain over eight straight days—the pace is comparable to that 2021 rally. Unfortunately, my position was shaken out long ago, so I can only watch others reap the gains.
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PoolGuard
· an hour ago
ETF funds saw nearly $2 billion in inflows last week, which is a strong fundamental signal. However, with the MFI at 77, the market is indeed overheated in the short term, so those chasing the highs should judge for themselves.
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