- BitFi Research said Bitcoin is trading sideways near recent highs after briefly touching $79,500.
- Whether the rally can continue will depend on spot ETF inflows and progress on US crypto regulation.
- About $1.92 billion has recently flowed into US spot Bitcoin ETFs, and the firm said that will be a key measure of whether the current rebound can be sustained.
Bitcoin Pauses After Briefly Touching $79,500 as ETF Inflows, US Regulation Take Center Stage
Bitcoin briefly touched $79,500 before pausing near recent highs, with the sustainability of its latest advance hinging on continued inflows into spot exchange-traded funds and progress on US crypto regulation.
bloomingbit
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Aug 24, 2026 at 6:47 AM UTC · 2 min de lecture

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bitcoin
Last Updated
il y a 4 heures
Forecast Trend Report by Period
Bitcoin briefly touched $79,500 before pausing near recent highs, with the sustainability of its latest advance hinging on continued inflows into spot exchange-traded funds and progress on US crypto regulation.
BitFi Research, a Hong Kong-based digital-asset research firm, wrote in a report dated Aug. 24 that Bitcoin appears to have broken out of its previous trading range and entered a phase of sideways trading at elevated levels. The recent rally was shaped by a combination of geopolitical risks, long-term US Treasury yields and developments in crypto regulation, the firm said.
BitFi Research said uncertainty surrounding the Strait of Hormuz is fueling concerns over energy prices and inflation. It also pointed to pressure from the 30-year US Treasury yield, which at one point climbed to about 5.337%. Still, the firm said expanded buybacks of long-term Treasuries by the US Treasury could ease near-term supply pressure.
Market Context
Bitcoin
BTC
$77,813
+0.65% (24H)
Market Cap
$1.56T
Circulating Supply
20.1M BTC
24H Volume
$32.5B
24H High
$78,035
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