Bitcoin reached a three-month high above $81,200 before retreating below $79,000, extending a roughly 23%-24% weekly surge described as its largest weekly dollar gain on record. The rally followed record short liquidations, expanded U.S. Treasury buybacks, a softer dollar and renewed spot Bitcoin ETF demand. U.S. spot Bitcoin ETFs recorded seven consecutive positive sessions from Aug. 17 through Aug. 25, totaling $2.5697 billion in net inflows, although BlackRock’s IBIT supplied about 90.5% of the latest $314.3 million inflow, leaving the strong demand signal narrowly based. PCE inflation, the second estimate of second-quarter GDP and July durable-goods orders were due together at 8:30 a.m. ET on Aug. 26, creating an immediate macroeconomic test. Investors also awaited NVIDIA earnings and Federal Reserve signals at Jackson Hole; hotter inflation or stronger growth alongside higher yields and a firmer dollar could pressure Bitcoin.