Bitcoin up 2%, just shy of $80,000 as crypto rally extends
- 1Bitcoin rose 2% on Monday, climbing to just below $80,000 and extending its rally.
- 2Spot bitcoin ETFs saw $1.92 billion in inflows last week, while more than $4 billion in short positions were liquidated.
- 3The cryptocurrency has gained more than 20% over the past three days following the Treasury's announcement of expanded long-term bond purchases, marking its biggest rally since 2023.
This 3-line summary is compiled from the report below.
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