Crypto markets rebounded sharply this week, with Bitcoin posting its second-best weekly performance since early 2021, according to CoinDesk. The move was described as a broader breakout across digital assets rather than an isolated gain in BTC alone. CoinDesk attributed the advance to three main drivers named in the report: U.S. Treasury buybacks, inflows into exchange-traded funds, and a weaker U.S. dollar. Together, those factors helped revive momentum across the market. The report framed the move as a return of risk appetite in crypto, with Bitcoin at the center of the rebound and the wider asset class following its lead. No additional price levels or flow figures were disclosed in the source summary.
Crypto markets staged a strong rebound this week, with Bitcoin posting its second-best weekly performance since early 2021, according to CoinDesk.
CoinDesk said the breakout was driven by U.S. Treasury buybacks, inflows into exchange-traded funds, and a weaker U.S. dollar, factors that helped lift the broader crypto market alongside Bitcoin.
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