Bitcoin steadies above $79,000 as ETF inflows hit longest streak since April
BTC held its ground Thursday as spot bitcoin ETFs logged an eighth straight day of net inflows, while altcoins drifted lower across the board.
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Behind Bitcoin’s sudden resilience is a $2 billion cash surge that wiped out speculative leverage
July's PCE inflation reading held at 3.7% headline and 3.3% core on Aug. 26, both still above the Fed's target. Futures markets responded by pushing the odds of a September rate hike to roughly 44%, up from 36% before the report. Bitcoin hit an intraday high of $79,251.60 the same day, trading near $78,000 as […] The…
Bitcoin confronts major supply cluster near the 80000 dollar level
Bitcoin is testing its largest supply wall near $80,000 alongside its 50-week moving average. This key resistance zone aligns closely with the average purchase price of spot exchange-traded fund holders. Market participants are watching this crucial threshold closely, as a decisive breakout could trigger fresh bullish momentum across spot markets, while rejection at this massive cluster risks prolonged consolidation and potential downside pressure for retail crypto traders worldwide.
Bitcoin ETFs Draw $2.8B in Eight-Day Streak as BTC Tests $80K
August is heading for its strongest month of inflows since October 2025 if the pace holds, one analyst noted.