Bitcoin Reclaims $80,000 as Ethereum, XRP, Dogecoin Jump Over 6% in Risk-On Rally

Benzinga

Bitcoin Reclaims $80,000 as Ethereum, XRP, Dogecoin Jump Over 6% in Risk-On Rally

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.CryptocurrencyTickerPriceBitcoin$80,943.63Ethereum$2,617.20Solana$112.48XRP$1.39Dogecoin$0.08751Shiba Inu(CRYPTO: SHIB)$0.055469Notable 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:XRP Skyrockets 6% as Whale Binance Inflows Hit 6-Month HighStrategy CEO Says ‘We’re Never Going To Stop’ Buying Bitcoin as MSTR Surges 11%Grayscale Says Rate Hike Is ‘Unlikely to Drive Major Shifts’ In BitcoinBitcoin Breaks Above $80,000 as CoinShares Warns Of a ‘Difficult Setup’ Into Year-EndCLARITY Act Failure ‘Begins and Ends With Trump,’ Industry Leader FumesBitcoin’s Much Less Volatile Than It Used to Be. BlackRock Says It Played a Part in That.Bitcoin Cracks $78,000 and Ethereum, XRP, Dogecoin May Be ‘About To Explode’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 Read Also: CLARITY Act Failure 'Begins and Ends With Trump,' Industry Leader Fumes