Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates
BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand.
Source: CoinDesk
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DW NOTE
BTC has reclaimed $80,000 while the Strait of Hormuz remains closed for 132 days and WTI has fallen 25% from its peak. That's not a recovery — it's confirmation that crypto now trades as a pure liquidity instrument, rising when real scarcity in energy markets somehow fails to matter.