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2026-09-18 16:35:36 UTC

npub1sx…dz7z7 on Nostr: Bitcoin rose 6% on Friday, moving above $80,000 and reaching a local high of $81,034 ...

Bitcoin rose 6% on Friday, moving above $80,000 and reaching a local high of $81,034 on Bitstamp as Wall Street trading began. The move came while renewed concerns about global oil supplies pushed US bond yields higher. Short positions across crypto markets worth about $250 million were liquidated over four hours, amplifying the advance.

The rally reclaimed Bitcoin’s True Market Mean, an aggregate secondary-market cost basis currently estimated at $76,660. However, analysts identified $82,000 as the next key breakout level; failure there could create a double-rejection pattern based on the market’s previous May rebound. Bitcoin’s corporate-treasury cost basis is around $80,500, adding significance to the current price range.

https://cointelegraph.com/markets/bitcoin-hits-81k-as-us-bond-yields-rebound-on-global-oil-woes