According to foreign media, Bitcoin is back on its feet for $80,000, and the encryption market is synchronised. CoinGecko shows that the BTC has increased by 4.2 per cent over the past 24 hours, with cumulative increases of more than 25 per cent for nearly 7 and 14 days. According to the article, this round was driven by a combination of policy expectations, changes in liquidity and ETF flows, but short-term fluctuations were still evident.
Trump made a statement to boost his emotions.
The article mentions that Trump held a encryption theme event last week in the White House, which brought together senior executives and founders of various industry companies. This arrangement is seen by the market as a continuation of its Government ' s pro-encrypted position.
It was also reported that in its activities, Trump indicated that the United States planned to purchase large quantities of bitcoin and other encrypted assets. This statement reinforced market expectations of policy support and raised investor sentiment in the short term.
Liquidity resonance with ETF funds
In addition to policy considerations, the article also saw the United States Treasury Department ' s expansion of public debt buy-backs as another Ledo. According to reports, the United States Department of the Treasury plans to increase the scale of buy-backs from $2 billion to at least $4 billion, and the market is therefore expected to improve the liquidity environment.
- BTC 24 hour increase 4.2%
- Nearly 7 days and 14 days have increased by 25%.
- IBIT has bought over $1 billion since August 17th
ETF financial flows are also seen as an important support for recent increases. According to Farside Investers, since 17 August 2026, the IBIT in Beled has accumulated over $1 billion in bitcoin.
$80,000 is still under pressure.
However, according to the article, the continuation of the round remains uncertain. On weekends, there was a massive liquidation of the market, with $550 million cleared within 60 minutes of Saturday, 22 August alone, indicating that the current situation remained highly volatile.
It was also mentioned that inflation in the United States was still above the Federal Reserve target of 2 per cent. If the conflict between the United States and Iran is not eased, factors such as energy may push the CPI up again, thus increasing the upward pressure on interest rates. Against this background, bitcoin may face resistance in the vicinity of $80,000 and markets may fall back.
