The price of bitcoin fell to $79,000 on Wednesday after gaining 23% in seven days as August ETF inflows climbed above $3 billion.

US spot Bitcoin ETFs attracted $1.92 billion in weekly net inflows, the strongest in 10 months, as Bitcoin's price surged near $80K.

Bitcoin reclaimed $80,000 in late August 2026, driven by $1.9B in ETF inflows and $4B in short liquidations in one of its strongest weekly