Spot Demand Helps Bitcoin Reclaim The $81,000 Mark

Bitcoin has just marked a new reversal. A few days after a drop below 75000 dollars, the leading crypto rebounded to 81636 dollars, its highest level since September 4. Indeed, this recovery comes after a week marked by the failure of the CLARITY Act, Federal Reserve decisions, and new regulatory signals from Washington. Behind this increase, another phenomenon grabbed attention: the return of spot demand was accompanied by a massive liquidation of short positions.

In brief

Bitcoin regains its highest level since September 4

After trading between 76000 and 77000 dollars, bitcoin saw a new acceleration this Friday morning. It thus surpassed around 78350 dollars, before continuing up to 81636 dollars. This intraday peak represents its highest level since September 4. Currently, BTC is above 80900 dollars, up more than 5% in the past twenty-four hours. Its market capitalization rose from 1540 billion to 1620 billion dollars.