·$BTC Back Above $80k…
Bitcoin broke through $80,000 on the back of Nvidia's strong Q2 earnings, which boosted risk appetite across tech stocks and crypto . BTC briefly touched $81,000 but now trades around $80,248, up 1.56% today .
· Institutional Inflows: US-listed Bitcoin ETFs have seen over $2.6 billion in net inflows over the past eight trading days, contributing to the rally .
· Key Risks: Fed Chair Warsh's Jackson Hole speech and ~$6.4 billion in BTC options expiring later today could add volatility .
#bitcoin
Bitcoin broke through $80,000 on the back of Nvidia's strong Q2 earnings, which boosted risk appetite across tech stocks and crypto . BTC briefly touched $81,000 but now trades around $80,248, up 1.56% today .
· Institutional Inflows: US-listed Bitcoin ETFs have seen over $2.6 billion in net inflows over the past eight trading days, contributing to the rally .
· Key Risks: Fed Chair Warsh's Jackson Hole speech and ~$6.4 billion in BTC options expiring later today could add volatility .
#bitcoin