BTC Rally Gains Steam as ETFs Deliver Best Week Since October 2025, With $80K in Sight

NewsSun, 23 Aug 2026 11:35:00 UTC3 hours ago
BTC Rally Gains Steam as ETFs Deliver Best Week Since October 2025, With $80K in Sight

  • Bitcoin surged 25% as lower Treasury yields and massive short liquidations fueled the rally.
  • Spot Bitcoin ETFs recorded their strongest weekly inflows since October 2025, reaching $1.92 billion.
  • BTC now tests $78,000 to $80,000, with a breakout potentially strengthening bullish momentum.

Bitcoin — BTC, has delivered a powerful rebound, pushing traders back toward bullish expectations. BTC climbed roughly 25% this week and reached $79,500. Lower long-term Treasury yields helped improve conditions for risk assets. Massive short liquidations then added fuel to the move. Spot Bitcoin ETFs also recorded their strongest weekly inflows since October 2025. Now, Bitcoin faces a crucial test near $80,000. A decisive breakout could strengthen the bullish case.

https://twitter.com/KobeissiLetter/status/2090459917874331915

Treasury Move Helps Bitcoin Break Higher

Bitcoin's rally accelerated after the U.S. Treasury increased bond buyback operations. The Treasury doubled purchases for longer-dated government bonds to $4 billion. Previous operations involved $2 billion in purchases. The decision helped push the 30-year Treasury yield lower. The yield dropped from 5.34% to roughly 5.19%. Lower yields can improve investor appetite for riskier assets.

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