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Bitcoin breaks above $80,000 for the first time since May, touching intraday highs of $81,280.
• Institutional demand: Spot BTC bitcoin:native ETFs absorbed $1.92B in weekly net inflows.
• ETH ethereum:native ETFs drew $1.42B over a 10-day streak, eyeing $3K
• Treasury buybacks easing dollar strength & short squeeze clearing $634M in liquidations.
With BTC's 90-day correlation with Nvidia $NVDA >0.5, tech risk-on liquidity is directly boosting crypto market cap past $3T
#Stock #Crypto #Nvidia
Bullish scenario if Bitcoin moves sideways over the next few weeks or a large bullish candle appears, as many short positions have been liquidated