- Bitcoin briefly topped the $80,000 mark on Monday, the highest level in three months, liquidating $138 million in shorts.
- Crypto sentiment improves, with inflows into US-listed spot ETFs totaling $154 million last week.
- Around $59 million in token unlocks are expected this week, which could heighten market volatility.
Bitcoin (BTC) is trading near $80,000 at the time of writing on Monday, after pulling back from a three-month high at $80,635. The crypto market is generally bullish, with major altcoins such as Ethereum (ETH) and Ripple (XRP) posting modest daily gains.
Strengthening market sentiment is driving a more bullish outlook, as evidenced by increased capital inflows into digital asset investment products.
