We are so back! Bitcoin’s 23% rally on US debt policy: Hodler’s Digest

Bitcoin suddenly surges: Is the bear market over?Confidence has returned to crypto markets after Bitcoin saw a sudden rally to gain more than 23% this week to trade around $77,559 at the time of writing. The price briefly topped $79,000 on Friday.Charting platform Barchart highlighted on Thursday that Bitcoin’s (BTC) price had crossed above its 200-day moving average for the first time since November 2025.The 200-day moving average is widely used to gauge longer-term market trends, with moves above the indicator viewed as a sign of bullish momentum. Many now believe/hope the cycle has finally flipped positive. Ethereum gained 31%, Solana gained 28% and XRP surged an astonishing 53%.The Bitcoin and Ether ETFs took more than $2.61 billion in inflows between them last week, and Micheal Saylor’s Bitcoin investments via Strategy have crossed the breakeven point of $75,385 — officially returning him to the status of far-sighted Bitcoin visionary, rather than degenerate financial engineer. Polymarket odds of Bitcoin reaching $90,000 before 2027 hit 48%.Bitcoin’s weekly price chart. Source: CoinMarketCapThe rally in crypto prices was also reflected in the share prices of publicly listed cr...