Bitcoin surges back to $80K, marking its first climb since mid-May as the crypto market rebounds with a 38% gain from its late-June lows. The rally is fueled by shifting U.S. Treasury policy—expanded bond buybacks financed by short-term debt and whispers of tapping the $1 trillion General Account—spurring renewed demand for Bitcoin ETFs. With the Fed’s key PCE inflation data looming, analysts are watching closely: cooler numbers could boost crypto, while hotter readings may push yields and the dollar higher, threatening the rally. Bitcoin’s momentum is strong—but volatility remains a key concern as macro forces continue to shape the market.
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