🟠 Bitcoin rebounds to $80K in its strongest rally in three years



Bitcoin returned to $80,000 this week, posting its strongest rally in over three years, though traders were unable to sustain momentum above $82,000.

Federal Reserve Chair Kevin Warsh applied pressure on risk assets with hawkish commentary, weighing on broader crypto markets. Meanwhile, a Solana ETF crossed $1 billion in assets, marking a significant milestone for altcoin-based exchange-traded products in the U.S.

The week's moves came against a backdrop of ongoing macro uncertainty, with Fed policy remaining a key variable for crypto price action heading into the next quarter.

#WarshJacksonHolePreviewMarketsFocusOnRates
#StrategySharesBreak135ForFirstTimeIn12Weeks
BTC1.51%
SOL3.02%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
25 views
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned