Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates

Bitcoin reached $80,000 in intraday trading, marking a significant recovery milestone and a 38% gain from its June lows. The move appears driven by shifting U.S. Treasury policy and renewed institutional inflows via spot ETFs. For active traders, this represents a test of key resistance and a potential trend confirmation if price can hold above this level; the ETF demand dynamic is worth monitoring as a liquidity driver for further upside or as a sign of exhaustion if retail capitulation has already occurred.

The full story is at coindesk.com

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