--- title: "Bitcoin Posts Best Week Since 2023 as Ethereum, XRP, Dogecoin Rally Over 25% on Treasury Buybacks" type: "News" locale: "en" url: "https://longbridge.com/en/news/296645735.md" description: "Bitcoin surged 23% this week, reaching $77,155, driven by strong spot ETF inflows and Treasury bond buyback plans. Ethereum, XRP, and Dogecoin also rallied over 25%. SoSoValue data reports $606.3 million in net Bitcoin ETF inflows on Thursday. While some traders believe BTC has bottomed with targets near $83,000, others warn of overbought conditions and potential pullbacks despite the historic rally." datetime: "2026-08-21T18:42:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296645735.md) - [en](https://longbridge.com/en/news/296645735.md) - [zh-HK](https://longbridge.com/zh-HK/news/296645735.md) generator: "portal-rs" --- # Bitcoin Posts Best Week Since 2023 as Ethereum, XRP, Dogecoin Rally Over 25% on Treasury Buybacks Bitcoin is up 23% over the past week, fueled by strong ETF inflows after the Treasury announced plans to at least double its long-dated bond buybacks. **Cryptocurrency** **Ticker** **Price** **Bitcoin** (CRYPTO: BTC) $77,155 **Ethereum** (CRYPTO: ETH) $2,418 **Solana** (CRYPTO: SOL) $91.81 **XRP** (CRYPTO: XRP) $1.39 **Dogecoin** (CRYPTO: DOGE) $0.0846 **Shiba Inu** (CRYPTO: SHIB) $0.05537 **Notable Statistics:** - Coinglass data shows 170,793 traders were liquidated in the past 24 hours for $1.37 billion.        - SoSoValue data shows net inflows of $606.3 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $220.8 million. - In the past 24 hours, top gainers include Ethena, Bitcoin Cash and Pepe. **Notable Developments:** - Data Shows Bitcoin’s 20% 3-Day Rally Was Historic: Here’s What Happened After Comparable Rallies - Bitcoin, Ethereum 20% Rallies Are Proof to ‘Never Short a Dull Market,’ Investment Firm Says - Strategy Sits On $1.4 Billion Bitcoin Profit After 20% BTC Surge: What’s Next for MSTR? - Bitcoin Taps $79,000, Up 20% Since Monday. So Why Should Bulls Be Careful? - PURR Surges Above $10 as Analysts Tout Hyperliquid Outperformance - Arthur Hayes Says ETH Can Hit $5,000 by Year-End, Risk-Reward Is Better Than for BTC **Trader Notes:** Michael van de Poppe compared Bitcoin to the 2022 breakout, with a strong weekly candle following consolidation and a sweep of the lows. He expects a push toward $83,000 and the 50-week moving average, though resistance there could trigger a correction and profit-taking. Trader KillaXBT said Bitcoin may have already bottomed, arguing the recent decline could have been the capitulation candle. With Q4 sellers potentially front run after an early October peak, he expects Q4 buyers could also enter early, supporting a green next six-month candle. Tony Edward highlighted Bitcoin is overbought with daily RSI above 70, raising the risk of a near-term pullback. However, establishing support and securing a weekly close above the 200-day moving average could mark a major bullish shift and put bears under pressure. *Image: Shutterstock* ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [BTC.US](https://longbridge.com/en/quote/BTC.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [XRPZ.US](https://longbridge.com/en/quote/XRPZ.US.md) - [GXRP.US](https://longbridge.com/en/quote/GXRP.US.md) - [TXXD.US](https://longbridge.com/en/quote/TXXD.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [XRPR.US](https://longbridge.com/en/quote/XRPR.US.md) - [XRP.US](https://longbridge.com/en/quote/XRP.US.md) - [TDOG.US](https://longbridge.com/en/quote/TDOG.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [GDOG.US](https://longbridge.com/en/quote/GDOG.US.md) - [BWOW.US](https://longbridge.com/en/quote/BWOW.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [ETHT.US](https://longbridge.com/en/quote/ETHT.US.md) - [ETHU.US](https://longbridge.com/en/quote/ETHU.US.md) - [ETU.US](https://longbridge.com/en/quote/ETU.US.md) - [ETHD.US](https://longbridge.com/en/quote/ETHD.US.md) - [ETQ.US](https://longbridge.com/en/quote/ETQ.US.md) - [SETH.US](https://longbridge.com/en/quote/SETH.US.md) - [YETH.US](https://longbridge.com/en/quote/YETH.US.md) - [BITU.US](https://longbridge.com/en/quote/BITU.US.md) - [BITX.US](https://longbridge.com/en/quote/BITX.US.md) - [BTCL.US](https://longbridge.com/en/quote/BTCL.US.md) - [SBIT.US](https://longbridge.com/en/quote/SBIT.US.md) - [BTCZ.US](https://longbridge.com/en/quote/BTCZ.US.md) - [YBIT.US](https://longbridge.com/en/quote/YBIT.US.md) - [YBTC.US](https://longbridge.com/en/quote/YBTC.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) - [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md) - [SSTK.US](https://longbridge.com/en/quote/SSTK.US.md) - [STRF.US](https://longbridge.com/en/quote/STRF.US.md) - [STRC.US](https://longbridge.com/en/quote/STRC.US.md) - [STRK.US](https://longbridge.com/en/quote/STRK.US.md) - [STRD.US](https://longbridge.com/en/quote/STRD.US.md) ## Related News & Research - [Amboss Opens Affiliate Program: Earn Recurring Bitcoin Commissions by Growing Bitcoin Payments](https://longbridge.com/en/news/296124824.md) - [SEC Opens Comment Period On Cboe 3x Bitcoin And Ethereum ETF Proposal](https://longbridge.com/en/news/296643740.md) - [Paul Tudor Jones Is Buying Bitcoin ETF IBIT Again — But His Trade Has Changed](https://longbridge.com/en/news/296136074.md) - [Bitcoin Standard Treasury Company (BSTR) Terminates Business Combination, Team Continues Pursuing Active Bitcoin Treasury Management | CEPO Stock News](https://longbridge.com/en/news/296540800.md) - [Bitcoin lands on the same custody rails Citi uses for equities and bonds](https://longbridge.com/en/news/296272222.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**