Bitcoin rises sharply, putting it on track for roughly a 23% gain over the week and trading around $77,500–$79,000 after briefly moving higher in some sessions. Multiple outlets link the rally to improving liquidity expectations and renewed risk appetite, alongside stronger activity tied to spot Bitcoin exchange-traded funds (ETFs).

Sources point to falling long-term US Treasury yields as an important catalyst. One report cites government plans to increase purchases of longer-dated bonds, which lowers yields and supports the move. Others emphasize broader expectations for less tightening by the Federal Reserve, including traders’ shifting views ahead of upcoming US data. Several outlets also note liquidation of leveraged short positions during the advance, contributing to short-term momentum.

ETF flows feature prominently, with reports describing multi-day net inflows and strong weekly participation, even as some accounts mention intermittent outflows or weaker institutional support at higher prices. NDTV in particular highlights profit-taking and consolidations after brief pushes above key levels, with the market remaining sensitive to US employment and inflation releases, as well as the Fed’s next steps.