Bitcoin jumped nearly 9% to cross the $79,000 level on Friday as institutional flows and regulatory optimism fuel the crypto rally. The cryptocurrency was trading at $75,768.
08% to trade at $2,375. Crypto markets are carrying strong upside momentum, with Bitcoin pushing toward $75,000 and Ethereum approaching $2,400 after a sharp acceleration over the past two sessions, said Riya Sehgal, Research Analyst, Delta Exchange.
0%). 53 trillion, according to CoinMarketCap.
Bitcoin marked intraday high of over $75,700, which liquidated over $460M worth of shorts. With this, the demand for the crypto turned positive across spot and perpetual futures for the first time since October 2025, said CoinDCX Research Team.
Avinash Shekhar, Co-Founder & CEO, Pi42 said Bitcoin’s move above $75,000 marks a significant shift in market momentum after weeks of consolidation, with the breakout being amplified by a sharp unwind of short positions and renewed institutional participation; more than $3 billion in bearish positions were liquidated as Bitcoin broke out of its six-week range, while US spot Bitcoin ETFs recorded over $517 million in net inflows, their strongest daily inflow in more than three months. Staggered entries and disciplined position sizing would be preferable at this stage, particularly after such a rapid upward move, as some consolidation following the breakout would be natural, he further said.
88% respectively. 4 billion in leveraged positions.
S. government discussed purchasing “sizable” amounts of BTC, adding another bullish catalyst.
00 billion across three sessions, while Ethereum ETFs added about $291 million. Bitcoin climbed to around $75,083, and Ethereum reached $2,355, showing that fund demand aligned with stronger price performance..
Why this investor’s mutual fund portfolio may need a resetVikram Subburaj, CEO, Giottus: ETF demand has strengthened materially. 11 billion of net inflows between August 17 and 20.
3 million on August 20. Ryan Lee, Chief Analyst at Bitget Research: In the coming weeks, the market will be in wait-and-watch mode to see if the political will translates into legal progress.
If the CLARITY Act makes progress, it could boost investor confidence and spark a broader recovery in digital assets. Vikas Gupta, Country Manager – India, Bybit: The speed of this rally also highlights how quickly liquidity and sentiment can influence crypto markets.
