Bitcoin Breaks $80,000 After Strong ETF Inflows
U.S. spot Bitcoin ETFs pulled in about $1.9 billion last week, the strongest inflow since October 2025. Investors are now watching PCE inflation and the Fed's interest rate policy.

Key Takeaways
- Bitcoin climbed above $80,000 for the first time since May 15 and is about 38% higher than the lows from late June and early July.
- U.S. spot Bitcoin ETFs pulled in about $1.9 billion last week, the strongest inflow since October 2025.
- Investors are following U.S. PCE inflation this week because it could affect rate and dollar expectations.
Bitcoin has moved above $80,000 (€68,600) for the first time since May 15. That means the biggest crypto is continuing its recovery after June's sell-off, when the price briefly fell below $58,000 (€49,700).
Recovery Picks Up Speed
Bitcoin's price is now about 38% higher than the lows from late June and early July. The move fits into a broader rebound in the crypto market, which clearly drew more buyers over the past week.
Demand from traditional investors also picked up again. U.S. spot Bitcoin ETFs brought in about $1.9 billion (€1.6 billion) last week, the strongest inflow since October 2025. That suggests institutional demand is playing a bigger role again in the recent rally.
Treasury and Rates in Focus
Last week's broader crypto rally got extra support from falling U.S. yields. The U.S. Treasury doubled its planned buyback of long-term government bonds through early November and is funding that with more issuance of short-term debt.
On Monday, the Treasury also said it may use part of the nearly $1 trillion (€0.9 trillion) in the General Account for that buyback. That came as Bitcoin made its latest move higher toward $80,000 (€68,600).
What Investors Are Watching Now
For European crypto readers, the main thing to watch is that Bitcoin seems sensitive again to macro data and rate expectations in the U.S. This week, the market is looking at PCE inflation, the Federal Reserve's preferred inflation gauge, among other data.
According to Thadeu Dos Santos of FX broker Infinox, core PCE will be watched closely to see whether underlying price pressure keeps easing. A stronger reading could support rates and the dollar, while weaker inflation could lower expectations for further tightening.