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Bitcoin surges toward $80,000 amid massive ETF inflows
Bitcoin has experienced a significant price surge, climbing over 20% in a single week to test the $80,000 level. This rally has been supported by strong institutional demand, with U.S. spot Bitcoin ETFs recording a second consecutive week of billion-dollar inflows, totaling approximately $1.13 billion through Thursday.
Several macroeconomic factors have contributed to the upward momentum. The U.S. Treasury Department's announcement to at least double its buybacks of long-dated government bonds has increased liquidity and driven investors toward scarce assets like Bitcoin and gold. Additionally, while U.S. inflation data remained slightly above the Federal Reserve's 2% target, with core PCE holding steady at 3.3% in July, the market has largely absorbed these figures.
On-chain data indicates a shift in market cycles. The Glassnode Market Compass Cycle Composite indicator has returned to the neutral zone after seven months in a cold phase, suggesting an early stage of market recovery. While approximately 69% of the Bitcoin supply is currently in profit, significant capital—estimated at $617 billion—remains in a loss position, highlighting the uneven nature of the recovery.
Entities
Bain Capital · Bernstein · Bitcoin · BlackRock · Coinbase · CryptoQuant · Ethereum · Federal Reserve · Glassnode · Grayscale · Jackson Hole · Kevin Warsh
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The digital asset market bull trend is expected to persist until at least 2028.
- [○ 1 SOURCE] Total derivative liquidations in the last 24 hours reached $259.11 million, with short liquidations totaling $134.87 million.
- [○ 1 SOURCE] Short-term holders moved more than 60,000 BTC to exchanges during the price surge toward $80,000.
- [○ 1 SOURCE] Bitcoin holders' loss pressure decreased by about 60% over ten days, dropping from 18.57% to 7.35% of market capitalization.
- [○ 1 SOURCE] The 90-day realized profit/loss ratio rose from 0.747 on August 16 to 1.003.
- [○ 1 SOURCE] Bitcoin spot ETFs recorded net inflows of $242.3 million on August 27.
- [○ 1 SOURCE] Bitcoin's price rose by approximately 20% in a single week, briefly exceeding $79,000. www.notizieaudaci.it
- [○ 1 SOURCE] CryptoQuant's ElBull Score rose from 30 to 80 within one week, marking its most bullish reading since October 2025. www.merca2.es
- [○ 1 SOURCE] Bitcoin is trading near $80,244 after a 14.3% increase over the past week. www.merca2.es
- [● 2 SOURCES] CryptoQuant reports that Bitcoin has entered a new bull market, pending a close above the 365-day moving average near $83,000. www.merca2.es · bitcoinethereumnews.com
- [○ 1 SOURCE] Ethereum is trading at approximately $2,496, near its daily pivot point of $2,502.92. cryptonomist.ch
- [○ 1 SOURCE] US spot ETFs recorded eight consecutive days of net inflows, totaling approximately $2.8 billion since the start of the recent rally.