Bitcoin Taps $80,000 as ETH, XRP Gain Between 3% and 6% Ahead of Jackson Hole
Bitcoin at $80,000, traders watching key levels for push higher or pullback. Spot ETFs continue to witness net inflows.
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Bitcoin rose 23.47% this week, its best since March 2023, on Treasury bond buybacks, a White House push for the CLAIRITY Act and a $2.7 billion squeeze.
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Bitcoin at $80,000, traders watching key levels for push higher or pullback. Spot ETFs continue to witness net inflows.
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Read original at benzingaBitcoin surged past $80,000 on August 25, 2026, driven by U.S. Treasury's increased bond buyback program and concerns about currency debasement. The rally is supported by strong ETF inflows and increased investor confidence, though risks remain from potential profit-taking and volatility. Sustainability depends on continued ETF inflows and favorable Treasury liquidity conditions.
Read original at zacks-investment-researchStrategy Inc (NASDAQ: MSTR) stock surges over 10% on Thursday as Bitcoin clears $80,000. Read the breakdown of Bernstein's latest target price update.
Read original at benzinga