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Bitcoin Price Nears $80K as Perps Drive 26.1% Rally

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Bitcoin is approaching $80,000 after breaking above key resistance, but derivatives appear to be driving more of the recent momentum than spot demand. Rising open interest and elevated RSI point to strong bullish activity, while traders are…

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Bitcoin Price Nears $80K as Perps Drive 26.1% Rally
TronWeekly 2h ago

Bitcoin Price Nears $80K as Perps Drive 26.1% Rally

Bitcoin is approaching $80,000 after breaking above key resistance, but derivatives appear to be driving more of the recent momentum than spot demand. Rising open interest and elevated RSI point to strong bullish activity, while traders are…