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Bitcoin Reclaims $80,000 as Ethereum, XRP, Dogecoin Jump Over 6% in Risk-On Rally
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Bitcoin reclaimed $80,000 for the first time since early September as spot BTC ETF flows turned positive, adding momentum to a broader risk-on rally.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $80,943.63
Ethereum (CRYPTO: ETH) $2,617.20
Solana (CRYPTO: SOL) $112.48
XRP (CRYPTO: XRP) $1.39
Dogecoin (CRYPTO: DOGE) $0.08751
Shiba Inu (CRYPTO: SHIB) $0.055469

Notable Statistics:

  • Coinglass data shows 111,660 traders were liquidated in the past 24 hours for $547.80 million.       
  • SoSoValue data shows net inflows of $159.5 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net outflows of $39.2 million.
  • In the past 24 hours, top gainers include Akedo, NEAR Protocol and Arbitrum.

Notable Developments:

Trader Notes:

Altcoin Sherpa predicts Bitcoin needs a strong break above $82,000 to open the door toward the $100,000 region.

Minor pullbacks could occur, but a breakout from its nearly month-long range is key.

KillaXBT plans to hedge 50% of his Bitcoin long exposure around $82,000-$84,000, with invalidation at $86,700. He remains heavily long but sees continued range-bound trading as the most likely near-term scenario.

Wick sees Bitcoin is attempting a Phase 2 continuation breakout but needs to reclaim stronger market structure to confirm further upside.

He emphasized managing risk amid heightened crypto volatility while turning daily setups into longer-term positions.

Image: Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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