Bitcoin Rises Past $81,000 Amid Broader Cryptocurrency Market Advance
Improving risk sentiment and renewed ETF inflows pushed the digital asset back above key resistance levels.
Bitcoin climbed 5.75% over 24 hours to reach $81,006, bringing its market capitalization back to $1.62 trillion on daily trading volume of roughly $35.5 billion. The rebound above the $80,000 mark coincided with broader tech-sector gains, weakening in the Japanese yen, a resumption of spot ETF inflows, and softer U.S. economic data that reduced expectations for additional monetary tightening.
Despite the sharp bounce, Bitcoin remains down 7.43% year-to-date, with analysts noting that sustained ETF inflows will be necessary to confirm a genuine trend reversal rather than a short-term relief rally.
The upswing extended across major altcoins, led by Solana surging 10.28% to $111.53. Ethereum rose 5.37% to $2,596, XRP gained 5.94% to $1.38, and BNB added 4.54% to $759, alongside gains in Chainlink and Dogecoin. Privacy-focused assets showed notable strength, with Monero gaining 17.33% to reach $598 and Zcash climbing to $1,474, extending its year-to-date performance to 187.77%.
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