Bitcoin Price News Catches Fire Near $80K While Pepeto Becomes the Presale Nobody Can Ignore

Bitcoin pushed past $79,000 for the first time since May as spot Bitcoin ETFs pulled in $1.92 billion over five sessions, its strongest weekly inflow in ten months, Bloomberg reported. The move also followed a $4.3 billion short squeeze that helped clear bearish positions, CoinDesk said. The article links the broader tailwind to Treasury bond buybacks doubling to $4 billion per operation on August 19, lowering yields and boosting risk appetite. It cites BlackRock’s IBIT taking $606 million on August 21, about 76% of that day’s spot ETF demand. It also mentions a $10.8 million presale for “Pepeto,” with a stated $0.0000001891 price and a planned Binance listing.