Bitcoin Climbs Past $77,000 as Rally Extends Through the Week

Bitcoin reached $77,010 on Friday, up 7.87% on the day, continuing a sharp climb from below $64,000 earlier in the week. The 24-hour trading range spanned from $71,115 to nearly $77,000, pushing the cryptocurrency’s total market value above $1.5 trillion.

Despite the strong move, Bitcoin remains roughly 39% below its October record near $126,000, meaning the current run represents a recovery within a broader down year rather than a breakout into new territory.

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Analysts note that sharp, fast-moving rallies like this one can reverse just as quickly once momentum fades. Whether ETF inflows continue into the following week will likely determine if the rally reflects lasting demand or is closer to a short-term squeeze losing steam.