Crypto news report · source clearly identified
Bitcoin Holds Above $79,000 Amid Record ETF Inflows
Bitcoin remained steady above $79,000 on Thursday as spot bitcoin ETFs recorded a third week of net inflows, while altcoins slipped across the board.
Bitcoin held its ground above the $79,000 level on Thursday, supported by continued interest in spot bitcoin exchange‑traded funds (ETFs). The ETFs logged their eighth consecutive day of net inflows, marking the longest streak of weekly inflows since April.
ETF Inflows Extend Record Streak
Spot bitcoin ETFs have seen net purchases for eight straight days, indicating sustained demand from investors seeking exposure to the cryptocurrency without holding the asset directly.
Altcoin Market Weakens
While bitcoin maintained its price level, the broader altcoin market drifted lower, with most tokens posting modest declines.
Market Outlook
The ongoing ETF inflow streak suggests continued confidence in regulated bitcoin products, even as price momentum remains muted. Altcoins may face further pressure if capital continues to favor bitcoin‑focused investment vehicles.
Source & attribution
News Source
- Publisher
- CoinDesk
- Original date
- August 27, 2026, 10:31 AM
- Original headline
- Bitcoin steadies above $79,000 as ETF inflows hit longest streak since April