Bitcoin Surges Past $80,000 in 5% Rebound

Bitcoin climbed over 5% on Friday, rising from below $77,000 to exceed $80,800, marking its highest level since September 7. This rally followed a period of volatility driven by central bank policy decisions from the Federal Reserve, the Bank of Japan, and the Bank of England. Market sentiment shifted after the U.S. Commodity Futures Trading Commission (CFTC) submitted two regulatory proposals regarding crypto markets to the White House, following the failure of the CLARITY Act in the Senate. Additionally, Bitcoin spot ETFs recorded $324.6 million in inflows on September 18, led by Fidelity, reversing previous outflows.