Bitcoin closed in on the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency's recent rally.

Bitcoin is up about 23% this week, on track for its best weekly gain since March 2023, as US Treasury bond buybacks lower yields and boost appetite for risk assets.

Bitcoin surged nearly 23% in a week to around $78,000, while Ethereum and major altcoins also rallied. Strong crypto ETF inflows, softer US dollar expectations, Treasury buybacks…

Bitcoin's price surged further on Monday, flirting with $80,000 after U.S. exchange-traded funds had their best week since October.

Bitcoin climbed above $80,000 for the first time since mid-May, extending a 23% weekly rally, its biggest in about three years. The surge reflects renewed optimism around crypto…

Bitcoin reaches $81,257, marking a three-month high as optimism returns amid renewed interest in the debasement trade.

Improving liquidity expectations and a lower regulatory risk premium are supporting the cryptocurrency