Lesser-tracked bitcoin market dynamic lends credibility to August surge to $80,000
An indicator fundamental to understanding whether capital consistently moved in size to push prices higher is flashing green.
Source: CoinDesk
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DW NOTE
CoinDesk points to on-chain flow data showing sustained institutional demand. Bitcoin is up 17% in August during a ceasefire collapse that cut Strait of Hormuz traffic by 45% and a deficit running $42 billion ahead of last year's pace. When capital treats dollar debt as the riskier position, the indicator is working exactly as designed.