Bitcoin Rallies 6.1% to $77,468 as Majors Post Broad Gains; XRP Leads With 8.3% Session Move

Bitcoin closed Friday at $77,468, up 6.1% on the session, as majors posted a coordinated rally that lifted XRP 8.3%, ether 4.9% and solana 4.7%. The move followed Thursday's settled ETF session, which absorbed $897.7 million in net inflows led by BlackRock's IBIT — a bid that appears to have carried into Friday's tape.

Market Overview

Risk assets ripped higher Friday. Bitcoin closed at $77,468, a +6.1% ↑ session gain that pulled the majors with it. XRP led the tape at +8.3% ↑, ether added +4.9% ↑ to $2,440, and solana rose +4.7% ↑ to $91.80. The breadth of the move — every major up more than four percent — is more consistent with a coordinated squeeze on short positioning than with an asset-specific catalyst.

Asset Price Analysis

Bitcoin reclaimed the $77,000 handle after spending most of the prior week capped below $76,000. On a seven-day basis, BTC remains marginally lower at -0.6% ↓, but the 30-day print now sits at +13.7% ↑ — the divergence points to a mid-August dip that Friday's session largely erased.

Ether's +4.9% ↑ close at $2,440 lagged bitcoin on the day and remains down -3.7% ↓ over seven days, an underperformance InflowScan data has tracked through the week's ETF outflow prints. Solana closed at $91.80, up +9.2% ↑ on the week and +15.6% ↑ on the month — the strongest 30-day print among the majors. XRP at $1.37 (+8.3% ↑ intraday) staged the session's cleanest reversal, though it remains rangebound between $1.30 support and the $1.40 handle that has capped rallies since early August.

ETF Flows (Prior Settled Session)

Issuer reports for Friday's session have not yet published; the most recent settled tape is Thursday, August 20. InflowScan data shows spot crypto ETFs absorbed +$897.7M ↑ in net inflows on Thursday, one of the strongest single-day prints of the month. Coverage was partial across the complex — 11 of 12 bitcoin funds reported (IBIT's figure was among those settled, but ETHA and ETHB on the ether side and XRPK on the XRP side were still settling at the time of the pull).

IBIT (BlackRock): +$473.5M ↑
ETHA (BlackRock): +$156.3M ↑
ARKB (ARK Invest): +$77.7M ↑
HODL (VanEck): -$3.4M ↓

The concentration is stark: IBIT alone accounted for roughly 53% of Thursday's net take. That single-fund dominance is consistent with allocator flow through BlackRock's distribution channel rather than broad retail participation. Friday's own settled figures will publish in Monday's pre-market brief.

Stablecoin Flows

InflowScan data shows USDC supply expanded by +$495.6M ↑ over the past 24 hours to $73.0 billion, while USDT contracted -$422.0M ↓ to $182.6 billion. The rotation between the two majors nets to a modest supply increase, but the pattern — USDC minting on a green tape — is historically associated with US-hours institutional deployment rather than offshore leverage build.

Outlook

The key question into next week is whether Friday's move drew in fresh ETF demand or exhausted the bid. Monday's pre-market brief will settle Friday's flow figures — a print above $500M would confirm allocator follow-through; a soft number would suggest the rally ran on derivatives positioning alone. Levels to watch: BTC resistance at the $78,500 area that capped early-August rallies, with the reclaimed $77,000 handle as first support. Ether may need to reclaim $2,500 to close its seven-day loss, while XRP's $1.40 cap remains the pivot for its August range.