
Bitcoin approaches $80,000 after a two-year weekly rally driven by Treasury intervention, $1.6B ETF inflows, and $4.3B short liquidations, with the weekend testing its native market strength as external supports pause.
AI-generated summary
Bitcoin's price surge is driven by a combination of Treasury intervention, ETF inflows, and short liquidations.
Bitcoin enters the weekend near $80,000 after a two-year weekly rally... (full article text preserved with paragraph breaks)
AI outlook — possibilities, not facts
Bitcoin will hold above $75,000 through the weekend.
Likely · Within days
ETF inflows will resume on Monday, supporting prices.
Possible · Within days

Riot Platforms' $200 million loan from Coinbase, secured by 5,821 BTC, may allow for the release of up to 1,547 BTC following a recent Bitcoin price rally to $78,000, depending on the specific contractual schedule applied.

U.S. spot Bitcoin ETFs recorded $1.61 billion in inflows over four days, even as the U.S. Treasury issued 30-year inflation-protected securities at a 2.973% real yield. Upcoming Treasury auctions of $183 billion will test the durability of this demand.

Olenox Industries reported 15.13 BTC production for July following its acquisition of CS Digital Ventures. The company faces a $22.9 million working-capital deficit and has expressed doubt regarding its ability to continue as a going concern.

Bitcoin surged over 23% following US Treasury bond buyback plans. Meanwhile, Metaplanet is expanding its Bitcoin treasury strategy to the US via a Super League deal, and Cypherpunk Technologies has launched a major Zcash mining operation.

Bitcoin climbed to $77,137, marking a 7.9% daily gain and a 23.2% weekly increase. The rally triggered a short squeeze, liquidating over $1.2 billion in bearish positions, bolstered by positive political signals from President Donald Trump regarding crypto regulation.

Ray Dalio, founder of Bridgewater Associates, recommends investors allocate 10-15% of their portfolios to gold and Bitcoin to mitigate risks from a potential US debt crisis and rising geopolitical tensions.