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Crypto Market: The Next Test Is Liquidity $BTC has pushed above $80K as weaker dollar conditions, Treasury buybacks and ETF demand improve liquidity. Spot Bitcoin ETFs recorded over $1.9B in weekly inflows, reinforcing institutional participation. But the rally is entering a critical phase. With Jackson Hole approaching, markets will watch the Fed’s tone on inflation, rates and liquidity. If conditions remain supportive, $BTC could sustain momentum while $ETH and altcoins attract rotation.