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Bitcoin surges 23% in 1 week to trade nearly $78K as liquidity hopes, ETF inflows boost crypto markets

By Sohail Khan 22 August 2026, 1:52 pm

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Business News›Markets›Crypto›Bitcoin surges 23% in 1 week to trade nearly $78K as liquidity hopes, ETF inflows boost crypto markets

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Synopsis

Bitcoin surged nearly 23% in a week to around $78,000, while Ethereum and major altcoins also rallied. Strong crypto ETF inflows, softer US dollar expectations, Treasury buybacks and reduced Fed tightening hopes boosted sentiment. Analysts flagged improving institutional participation, though profit-taking and long-term holder selling remain key risks.

Bitcoin surges 23% in 1 week to trade nearly $78K as liquidity hopes, ETF inflows boost crypto markets <br>

Bitcoin surged nearly 22.9% in one week to trade near the $78,000 mark as liquidity hopes, ETF inflows boost crypto markets. The cryptocurrency was trading at $777,473 mark.

In the past week, Ethereum was up 29.7%. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano rallied upto 56.3%. The global crypto market capitalisation went up $2.2 trillion to $2.53 trillion in one week, according to Coingecko.

TOP COINS (₹)
XRP
148 (20.0%)

BNB
67,858 (5.7%)

Ethereum
233,397 (2.5%)

Bitcoin
7,403,872 (2.1%)

Tether
96 (0.0%)

Nischal Shetty, Founder, WazirX said crypto markets recorded a strong weekly recovery as improving liquidity expectations outweighed pressure from elevated oil prices and long-term bond yields. Reduced expectations of further Federal Reserve tightening, Treasury buybacks and a weaker US dollar supported risk appetite.

“Bitcoin moved from a bearish technical setup into a bullish daily structure as buyers cleared the $64,000, $70,000 and $74,000 levels. Crypto ETFs recorded approximately $1.45 billion in net inflows across four consecutive sessions this week, reversing roughly $220 million in outflows during the preceding three sessions”

Shetty further said the strongest daily inflow approached $710 million which sustained return of capital coincided with rising crypto prices, indicating institutional participation and improving market confidence.

In the past 24 hours, Bitcoin was up 2.8% and Ethereum was up 3% to trade at $2,440 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, Cardano rallies upto 19.7%. The global crypto market capitalisation went up 3.1% to $2.71 trillion, according to Coingecko.

Bitcoin is trading near $78,000 after rising more than 18% from the $63,000 region earlier this week, while Ethereum is near $2,500, said Riya Sehgal, Research Analyst, Delta Exchange.

Strong Bitcoin ETF inflows have supported prices even after more than $4 billion in crypto shorts were liquidated. On-chain data also shows some distribution from long-term Bitcoin holders, so continued selling near higher levels will be worth watching, Sehgal further said.

On Bitcoin crossing $75,000 mark, SB Seker, Head of APAC, Binance said Bitcoin’s move back above the $75,000 mark is a notable sign of renewed participation after a period of heightened volatility and macro uncertainty.

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Market perspective

Prateek Gupta, Head of Business, Mudrex

Bitcoin has pushed to around $79,000, continuing to rally supported by Treasury buybacks and Trump's White House crypto summit. A weekly close near current levels, followed by a monthly close above $80,000, could confirm a sustained rally toward $85,000. Meanwhile, $70,000 remains the key support as break below it could trigger a pullback toward $65,000.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The )

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