Bitcoin reaches $80,000 for first time since May as crypto recovery accelerates
Source Summary
Bitcoin has surged 38% following its June decline, reaching $80,000 for the first time since May. The recovery has been driven by shifting U.S. Treasury policy, which has renewed buyer interest and boosted ETF demand.
Why it matters
Bitcoin's recovery to $80,000 signals renewed institutional and retail confidence in crypto assets, reflected in increased ETF inflows following policy shifts.
