Bitcoin Breaks Above $80,000: The Crypto Market Is Back in Motion
The cryptocurrency market has delivered one of its strongest recoveries in recent months. Bitcoin (BTCUSD) climbed above $80,000 for the first time since mid-May, gaining 23.6% over the past week—its second-best weekly performance since the beginning of 2021.
The rally extended across the market. Ethereum (ETHUSD) advanced more than 31% during the week, while Ripple (XRPUSD) surged by around 50%. At the same time, U.S. spot crypto ETFs recorded approximately $2.6 billion in net inflows, marking their strongest weekly result since last October.
