Bitcoin has surged past $80,000 for the first time since mid-May and briefly traded above $81,000, extending a rebound of more than $16,000 from below $65,000 and drawing analyst short-term targets as high as $88,000. The advance was linked to the U.S. Treasury’s buyback-related liquidity messaging, a White House crypto summit and market-structure push, and renewed spot Bitcoin ETF demand, while CoinGlass data showed more than $260 million in liquidations over four hours and as much as $650 million on the day, mostly from shorts, with Bitcoin accounting for about half. Spot Bitcoin ETFs had earlier recorded roughly $1.92 billion in weekly net inflows, and the 10-year Treasury yield eased to 4.2% as longer-dated buybacks were set to at least double to $4 billion per operation. Ether approached $2,500 after a roughly 32% weekly gain, XRP contested $1.50 resistance, and Solana rose more than 7.5% to trade above $100 for the first time in months, alongside earlier leadership from tokens such as AERO and VIRTUAL in a broader market rebound.