Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin surges 23% in 3 years, fueled by $1.9B ETF inflows, eyeing $80,000 resistance level.

Market News
24 Aug 2026
UToday
View Source
Bullish
pluang ai news

Bitcoin experienced its largest three-year surge with a 23% rise, breaking past $77,500 driven by a $1.9 billion inflow into Bitcoin ETFs. This rally marks a strong recovery after a difficult first half of 2026, shifting market sentiment from bearish to bullish. The surge was triggered by a massive short squeeze and sustained by institutional investment inflows, with technical analysts now seeing $71,000 as a new support level. However, Bitcoin faces significant selling pressure near $80,000, which could slow further gains as investors watch closely for the next move.

More News (BTC)

Cryptocurrency prices show mixed movements with Bitcoin near $77,566 and notable gains in altcoins like Morpho and MNT.

Cryptocurrency prices show mixed movements with Bitcoin near $77,566 and notable gains in altcoins like Morpho and MNT.

Cryptocurrency prices are fluctuating with Bitcoin trading around $77,566, up by 0.98%. Ethereum and Binance Coin also saw modest gains, while some altcoins like Morpho and MNT experienced significant increases of over 10%. This mixed performance ref...

Market News
Bullish
4 hours ago
US crypto ETFs outside Bitcoin and Ethereum see $90M inflows, led by XRP and Solana gains.

US crypto ETFs outside Bitcoin and Ethereum see $90M inflows, led by XRP and Solana gains.

US-listed crypto ETFs excluding Bitcoin and Ethereum attracted nearly $90 million last week, driven by strong inflows into XRP and Solana funds. XRP funds led with $39.78 million, marking their best week since May and extending a six-week streak of g...

Market News
Bullish
5 hours ago
Michael Saylor urges investors to 'think like a billionaire' by buying Bitcoin for long-term value.

Michael Saylor urges investors to 'think like a billionaire' by buying Bitcoin for long-term value.

Michael Saylor, a prominent Bitcoin advocate, advises investors to adopt a billionaire mindset by purchasing Bitcoin, citing its alignment with the Bernard Arnault test which identifies assets likely to remain desirable over time. He emphasizes Bitco...

Market News
Bullish
5 hours ago
Ethereum gains 29.3% in a week, outperforming Bitcoin as institutional demand rises.

Ethereum gains 29.3% in a week, outperforming Bitcoin as institutional demand rises.

Ethereum's price rose 29.3% over seven days, surpassing Bitcoin's 21.4% gain, driven by increased institutional interest and ETF inflows. Fundstrat's Tom Lee predicts Ethereum could reach $10,000 within two years, citing its growing role in tokenizat...

Analyst Insights
Bullish
5 hours ago
Bitcoin surges 23% in a week, sparking hopes of a new bull market and $200K target.

Bitcoin surges 23% in a week, sparking hopes of a new bull market and $200K target.

Bitcoin jumped from around $64,330 to $74,440 last week, marking a 23.23% weekly gain after months of decline and stagnation. This surge, predicted by analysts in early August, signals a potential new bull market similar to past recoveries in 2019 an...

Market News
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App