Bitcoin consolidates near $80,000 after hitting $81,280 as buying momentum stays strong

Economic Times - Markets

Aug 28, 2026 · 2:52 PM

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Bitcoin consolidates near $80,000 after hitting $81,280 as buying momentum stays strong

Bitcoin consolidated near $80,000 on Friday after touching $81,280 as buying momentum remained strong. Analysts said sustained ETF inflows, a softer dollar, improving regulatory sentiment, and institutional demand are supporting the rally. However, Bitcoin faces resistance around $80,800-$83,300, wi…

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🏷️ Topics: bitcoin consolidates 80000 hitting 81280 buying momentum stays

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Bitcoin consolidates near $80,000 after hitting $81,280 as buying momentum stays strong

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