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Hi there,
A week ago, Bitcoin was trading in the low $60,000s. Today it crossed $80,000 for the first time since May, up nearly 5% in 24 hours and roughly 22% over the week.
The move has three engines running at once. Spot Bitcoin ETFs just logged their seventh straight day of inflows, with $337.56 million coming in on Monday alone. The US Treasury expanded its long-term bond buyback program, adding liquidity to markets broadly. And the short squeeze that started the rally hasn't let up, with each round of forced liquidations pushing the price higher and triggering the next.
CoinShares' James Butterfill called it a macro story, not a crypto one, pointing to softer inflation data and weaker payrolls as reasons the Fed has less room to tighten. That reading gets tested this week at the Fed's Jackson Hole summit.
Whichever way it breaks, Bitcoin holding above $80,000 after a 22% weekly run is the kind of move that gets noticed. For the next 3 days, trading on it costs a lot less:
Full price shown before you confirm, 90+ assets to choose from, and a real person on support at any hour if you need help.
Code SURGE85 applies to your next 3 trades until 28 August 2026, 23:59 UTC.
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