W08 btc breaks 76k on etf record inflows
Bitcoin shattered 2.8B in weekly ETF inflows and dovish Fed minutes. The breakout triggered $890M in short liquidations as momentum indicators reached overbought territory. Source: The Block - ETF Flows
see also: W07 cpi miss opens door to fed pivot · W09 liquidity conditions tightened · W10 bitcoin tests 70k support
scene cut
Fed minutes revealed internal division on rate timing, with three members concerned about holding “too long”—and the market heard “pivot” loud and clear.
signal braid
- Bitcoin ETF inflows hit a record 1.2B, becoming the largest single Bitcoin holder at 432K BTC
- Ethereum gained 12.1% to $4,495 on EIP-4844 anticipation; ETH/BTC rose to 0.0578 as altcoin rotation began
- Solana hit 92M transactions—a new record—with $14.8B TVL; Firedancer DEX announcement and Saga sales exceeding 1.2M units drove momentum
my take
I think this week marks a regime change. The combination of record ETF inflows and Fed dovishness is the strongest bullish signal since the ETF launches themselves. BlackRock’s IBIT is now a structural buyer of 17,000 BTC weekly—that’s permanent demand pressure.
ending questions
Can Bitcoin sustain above 80K?
Sources: The Block, CoinDesk, Ethereum Foundation