BTC breaks through $74,000! Macro and regulatory double tailwinds ignite the rally! The U.S. Treasury announced that the bond repo program will be doubled (from $2.0 billion to $4.0 billion), significantly boosting liquidity expectations! Combined with the White House and the SEC repeatedly issuing favorable signals on new crypto regulations, Bitcoin surged strongly today—both spot and perpetual contract demand have warmed up in sync! Have you missed this rebound? What’s your target for the next one?
🚀 Crypto market today ‖ August 21 $BTC 🧧🧧 🔥 BTC breaks above $75,000, and the market enters an acceleration phase
This week’s crypto market has risen for the third consecutive day.
BTC once broke through $75,000–$77,000, with a 24-hour gain of about 7–9% and a weekly gain nearing 20%; ETH is above $2,350–$2,380, with a weekly gain of about 24–25%.
The total market cap of the entire market has once again broken above $2.5 trillion. The Fear & Greed Index rises to 72 | Greed.
🚄 This time, it’s not just FOMO driving the move
💰 Spot BTC ETFs keep pulling in money
On August 20, net inflows into spot BTC ETFs were about $600–608 million; net inflows into spot ETH ETFs were about $220 million, one of the strongest single-day performances since October 2025.
Institutional capital is becoming an important fuel for this breakout.
💥 The Short Squeeze is still ongoing
Over the past 24 hours, another about $1.0–1.2 billion in short positions were liquidated.
Over the past 2–3 days, the cumulative liquidation size has already reached about $3.8–4.0 billion+.
Shorts are being forced to close again and again, further amplifying the upward momentum.
🇺🇸 Trump: The U.S. once discussed large-scale accumulation of BTC
As U.S. Treasury debt breaks above $40 trillion, Trump said the U.S. government had discussed the possibility of large-scale accumulating Bitcoin and other crypto assets.
If the future shifts from “holding reserves” to主动加持 (actively adding), the market narrative could upgrade again.
📈 BTC is breaking out of a six-week consolidation range
A strong breakout above $75K means Bitcoin has already escaped the previously ongoing multi-week choppy structure.
But at the same time, the price is rapidly approaching the key resistance zone at $75K–$76K, and the short-term market is clearly heating up.
🚨 The market is hot, but don’t forget the risks
Some analysts believe the current move already shows clear signs of being overheated; if ETF inflows slow down or leverage gets too high, sharp volatility could still hit at any time.
⚠️ Binance will delist 3 spot assets
Binance announced that it will remove the following on September 3:
ICX|SCRT|STORJ
The exchange will remove the related trading pairs based on the results of its periodic asset evaluation.
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