
Bitcoin tops $85,000 for first time since January as ETF inflows fuel rally
- —BTC hit $85,000 for the first time since January 2026, up 5.3% in 24 hours
- —Bitcoin gained more than 10% over the past month
- —BlackRock's IBIT bought over $280 million in BTC in two days
- —The Fed raised rates by 25 bps and the CLARITY Act failed in the Senate
Why it matters: ETF inflows are offsetting pressure from a hawkish Fed and geopolitics, though the risk of a near-term pullback remains.
Source: Coin Türk