Bitcoin is approaching $80,000, trading at $79,031.27 at press time, up 1.9% in the past 24 hours. According to CryptoQuant, Bitcoin’s market structure is shifting from a spot-driven phase to a futures- and leverage-driven phase, a phenomenon typically observed in the early stages of a strong bull market. The $83,000 level represents the key threshold to officially confirm the end of the bear cycle. Monthly Bitcoin ETF inflows reached $172.43 million in July 2026 and $3.52 billion in August 2026, reflecting sustained institutional interest. Bitcoin’s Bull Score has jumped from 30 to 80, marking its fastest improvement in a year and signaling an unusual shift in the market’s underlying momentum.
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