Bitcoin (BTC) Price: ETFs Just Had Their Best Week Since October 2025 as BTC Eyes $80,000

NewsSat, 22 Aug 2026 07:55:22 UTC1 hour ago
Bitcoin (BTC) Price: ETFs Just Had Their Best Week Since October 2025 as BTC Eyes $80,000

TLDR

  • Bitcoin surged ~25% to nearly $80,000 after the U.S. Treasury doubled buybacks on long-dated bonds
  • Around $4 billion in bearish crypto positions were liquidated as prices rose
  • U.S. spot Bitcoin ETFs pulled in $1.6 billion in net inflows this week
  • Strategy’s 840,447 BTC holdings are back in profit with an unrealized gain of over $2 billion
  • Analysts say the rally was partly driven by a record short squeeze, not just improved macro conditions

Bitcoin jumped roughly 25% this week, pushing past $78,000 and touching a high of $79,500, after a U.S. Treasury policy tweak helped pull long-term bond yields off 19-year highs.

Bitcoin (BTC) Price

The Treasury announced it would double the size of its buyback operations for longer-dated government bonds, raising purchases to $4 billion per operation from $2 billion. That helped push the 30-year Treasury yield down from 5.34% to around 5.19%.

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