🚀 Late-night surprise attack! The crypto market took off across the board, with Bitcoin back above $80,000

The crypto market exploded again late last night—

📈 Bitcoin surged as much as 5.2%, reaching approximately $80,443 at its peak and reclaiming the $80,000 mark for the first time since September 7;
📈 Ethereum followed with a 5.1% gain, rising to approximately $2,576;
📈 Altcoins including XRP, Solana, and Monero all moved higher.

It seemed sudden, but was actually a concentrated release after the “bad news was fully priced in,” driven mainly by these forces:

1️⃣ Two heavy blows landed, and the market actually breathed a sigh of relief
The Federal Reserve just completed its first rate hike in more than three years, while the U.S. cryptocurrency bill failed to pass in the Senate. The bad news hit all at once, and the rate hike had already been fully priced in by the market (with the probability priced in at more than 90%)—the result was that “the shoe dropped without the floor collapsing,” and risk appetite immediately returned.

2️⃣ Unexpected regulatory easing
The SEC approved tokenized stocks, which was viewed as a positive signal that regulation was moving toward normalization and helped the market digest the disappointment over the bill’s setback.

3️⃣ Improving liquidity conditions
Spot Bitcoin ETF inflows turned positive again. Combined with falling long-term U.S. Treasury yields and a weaker dollar, this restored Bitcoin’s relative appeal as a non-yielding asset.

4️⃣ Short sellers caught in a squeeze
A large number of shorts had accumulated around $77,500–$78,000. Once the price broke through, they were forced to buy to close their positions, creating a cycle of higher prices and greater pressure that amplified the rebound.

💡 In one sentence: What was supposed to fall did not, while the shorts that needed to be closed were lining up—this was the underlying logic behind last night’s surge.#日股地产电力半导体板块走强