Bitcoin Records $14,775 Weekly Gain, Driven by ETF Inflows and Market Dynamics

Bitcoin (BTC) closed the week at $77,593, up $14,775 from $62,818, marking the biggest one‑week dollar increase in its history and a 23.5% rise—the strongest weekly percentage gain since March 2023.

Key Catalysts Behind the Surge

Galaxy Research identified two main drivers:

• The U.S. Treasury announced a doubling of its long‑bond buyback operations, easing pressure on Treasury yields.
• A short squeeze forced traders with bearish positions to cover, liquidating roughly $2.7 billion in short contracts across crypto markets.

ETF Inflows Reinforce the Rally

Spot Bitcoin ETF inflows reached their strongest weekly level since October 2025, according to Galaxy Research data. August is on track to record the largest monthly net inflow since Bitcoin’s previous all‑time high, reversing a period of net outflows earlier in the year.

Market Sentiment and Outlook

The Crypto Fear and Greed Index rose to 74 on August 25, its highest reading since October 2025, indicating strong bullish sentiment. ETF holders remain about 6% underwater, with an average cost basis of $84,029 against a spot price near $78,955.

Future price movement may depend on whether ETF inflows sustain into September and whether the short‑squeeze effect persists.