Bitcoin Hits $81K Before Reversing, XRP and ZEC Lead Declines

TL;DR

• Bitcoin briefly topped $81,000 before easing toward $79,000, while remaining more than 22% higher on the week and supported by ETF inflows.
• U.S. Bitcoin ETFs added $314 million Tuesday for a seventh straight inflow day, while falling open interest suggested traders were unwinding positions rather than aggressively shorting.
• XRP, SOL, DOGE, ADA and ZEC fell sharply, while options traders still targeted Bitcoin strikes and analysts watched $82,000 and $85,000 resistance.

Bitcoin’s seven-day rally finally cooled on Wednesday after the cryptocurrency briefly pushed above $81,000, its highest level in roughly 15 weeks, before slipping back toward $79,000. BTC remained more than 22% higher on the week, with its market capitalization near $1.575 trillion and dominance just below 58%. The reversal matters because buyers had driven an unusually steep advance from below $65,000 in barely a week. Even after the pullback, spot demand remained firm, with U.S.-listed Bitcoin ETFs extending their net inflow streak and August inflows moving above $3 billion across a still-supportive institutional demand backdrop.

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