Bitcoin Crosses $80,700 as ETF Demand and Fed Outlook Drive Crypto Rally
Bitcoin crossed $80,000 after a strong weekly rally, supported by institutional ETF demand and improved liquidity conditions.
Ethereum and major altcoins also gained, while Bitcoin dominance climbed to nearly 59.8 percent.
Analysts warned that stretched momentum could lead to profit-taking, with US PCE inflation data and Federal Reserve signals from Jackson Hole likely to influence the next market move.
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