Bitcoin’s Rally to $80K Backed by Stable Liquidity, CoinDesk Analysis Shows

BitcoinWorld Bitcoin’s Rally to $80K Backed by Stable Liquidity, CoinDesk Analysis Shows Bitcoin’s recent surge to $80,000 — a 24% gain over a short period — was supported by steady dollar liquidity across key order-book levels, according to a CoinDesk analysis.

The report indicates that the move was driven by genuine buying demand rather than a thin-market spike, which often leads to exaggerated price swings.

Liquidity Held Steady During the Rally CoinDesk examined dollar liquidity at major quote levels and found that it remained broadly stable throughout Bitcoin’s advance.

Although liquidity dipped slightly on August 25, it stayed within normal ranges, and there was no significant drop in liquidity within 0.5% of the mid-price before or after the rally.