BINANCE NEWS: Bitcoin $80K+ — ETF Inflows Keep Crypto Momentum Strong
Bitcoin briefly surged above $80,000, reaching around $81,265 before facing resistance near its 50-week moving average at $81,085.
📈 Key Market Highlights:
₿ BTC pushed above $80K, but pulled back after hitting resistance.
💰 US Spot Bitcoin ETFs recorded a 6th consecutive day of inflows, with about $337.6M added on Aug. 24.
🔥 Bitcoin ETFs have attracted over $2.5B across six sessions.
🟣 Solana ETFs also saw strong demand, with $33.5M inflows on Monday.
📊 Futures open interest declined as short positions were liquidated, suggesting the rally has been supported by spot demand + short covering.
🏦 US stocks are recovering as Treasury yields ease and Brent crude falls below $90.
🤖 AI chip stocks such as AMD, Marvell, Arm and Micron rebounded ahead of Nvidia earnings.
🔥 Crypto Market Watch
The major question now is whether Bitcoin can break and hold above $81K. Continued ETF inflows could provide further support, while macro data and Fed commentary remain important catalysts.
BTC: $80K+ | ETF Inflows: Strong | Resistance: ~$81,085
⚠️ Crypto markets are highly volatile. Do your own research and manage risk carefully.
#Binance #BinanceNews #Bitcoin #BTC #Crypto #BitcoinETF #Ethereum #Solana #CryptoMarket #trading $NVDAB
Bitcoin briefly surged above $80,000, reaching around $81,265 before facing resistance near its 50-week moving average at $81,085.
📈 Key Market Highlights:
₿ BTC pushed above $80K, but pulled back after hitting resistance.
💰 US Spot Bitcoin ETFs recorded a 6th consecutive day of inflows, with about $337.6M added on Aug. 24.
🔥 Bitcoin ETFs have attracted over $2.5B across six sessions.
🟣 Solana ETFs also saw strong demand, with $33.5M inflows on Monday.
📊 Futures open interest declined as short positions were liquidated, suggesting the rally has been supported by spot demand + short covering.
🏦 US stocks are recovering as Treasury yields ease and Brent crude falls below $90.
🤖 AI chip stocks such as AMD, Marvell, Arm and Micron rebounded ahead of Nvidia earnings.
🔥 Crypto Market Watch
The major question now is whether Bitcoin can break and hold above $81K. Continued ETF inflows could provide further support, while macro data and Fed commentary remain important catalysts.
BTC: $80K+ | ETF Inflows: Strong | Resistance: ~$81,085
⚠️ Crypto markets are highly volatile. Do your own research and manage risk carefully.
#Binance #BinanceNews #Bitcoin #BTC #Crypto #BitcoinETF #Ethereum #Solana #CryptoMarket #trading $NVDAB
