A lesser-tracked Bitcoin market indicator is flashing green, lending support to the cryptocurrency’s August surge to $80,000, according to CoinDesk. The measure is important because it helps assess whether substantial capital moved into the market consistently as prices advanced. Its current signal suggests that the rally may have been accompanied by sustained, sizable capital movement rather than reflecting only limited activity. CoinDesk highlighted the indicator as a useful gauge for evaluating the strength behind Bitcoin’s August move. The report did not provide further details about the indicator or specify how long the positive signal may last. Bitcoin remains the primary asset in focus, with the market dynamic offering additional context for assessing the price increase to $80,000.
