Markets· ★★★★· bullish·

Bitcoin breaks $80,000 amid risk-on rebound and ETF inflows

  • —Bitcoin traded at $80,856, up 5.60% over the past day
  • —U.S. spot Bitcoin ETFs attracted $159.5 million on September 17, led by IBIT
  • —Bank of Japan raised rates to 1.25% in a 7-2 vote
  • —Bitcoin futures liquidations over the past day totaled about $230.6 million
Why it matters: The rally's sustainability depends on repeat ETF inflows: one day does not confirm a demand reversal, and the share of short squeezes in the move remains unclear.
#BTC
Source: CryptoSlate
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