Bitcoin Surpasses $81,000 in 3-Month High

Bitcoin surpassed $81,000 on Tuesday during Asian trading hours, marking its highest level in roughly three months and extending a monthly recovery with a 5.2 percent gain over the past week and 17.6 percent over the last 30 days. The cryptocurrency traded around $81,467 at press time, buoyed by institutional inflows and broader risk-on sentiment in global markets.

The rally reflects cautious market participation despite short-term bullish momentum. On-chain metrics show muted network activity, with active addresses and transaction volumes lagging behind price gains compared to prior rallies. This divergence indicates support primarily from institutional investors and large holders rather than widespread retail adoption. Spot Bitcoin exchange-traded funds have seen billions in inflows, stabilizing prices above key supports, while derivatives markets exhibit lower leverage and futures activity than in previous cycles. The Crypto Fear and Greed Index stands at 50, signaling neutral sentiment without euphoria or fear.

Technical indicators reinforce the positive short-term structure, with Bitcoin trading above its 10-day, 20-day, 50-day, and 100-day exponential moving averages....