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Bitcoin Surges Past $80,000 as ETF Inflows and Risk Appetite Strengthen Rally

Bitcoin has climbed above the $80,000 mark as fresh inflows into spot Bitcoin ETFs and improving investor risk appetite provide further momentum to the cryptocurrency rally.

Published By Share Gyan
Bitcoin Surges Past $80,000 as ETF Inflows and Risk Appetite Strengthen Rally

Bitcoin has climbed above $80,000, rising more than 2% to around $80,501, as renewed institutional demand and improving investor risk appetite strengthen the latest rally. The cryptocurrency gained more than 20% in just three days last week, driven partly by a major short squeeze that liquidated over $4 billion in bearish positions. U.S. spot Bitcoin ETFs recorded $1.92 billion in net inflows last week, their strongest weekly inflow since October 2025. Lower bond yields following the U.S. Treasury’s increased purchases of longer-term bonds have also encouraged demand for riskier assets, while concerns over inflation and rising government debt have supported interest in Bitcoin’s limited supply. Ether and XRP also advanced, with XRP gaining nearly 50% over the past week. Fundstrat believes strong ETF inflows, higher trading activity and growing options-market demand could make Bitcoin’s latest rally more sustainable, while renewed purchases by Strategy could provide another boost.

Nepal Rastra Bank Publishes Thursday's Foreign Exchange Rates; US Dollar at Rs. 149.61

Nepal Rastra Bank (NRB) has published the official foreign exchange rates for Thursday. The buying rate of one US dollar has been fixed at Rs. 149.61 and the selling rate at Rs. 150.21. The British Pound Sterling has recorded the highest value among the major currencies listed, with a selling rate of Rs. 200.16.

Gold Price Plunges by Rs. 5,900 Per Tola on Dhanteras; Silver Also Declines

Gold and silver prices recorded a sharp decline in the Nepali market on Friday, Kartik 20, coinciding with Dhanteras. Gold fell by Rs. 5,900 per tola to Rs. 283,000, while silver dropped by Rs. 110 per tola.

Nepal's VAT Collection Exceeds Target as Consumer Reward Scheme Boosts Tax Compliance

Nepal's VAT collection exceeded its first-quarter target in FY 2083/84, reaching Rs. 41.04 billion, up 10% compared to the same period last year. The increase comes after the Inland Revenue Department introduced a consumer reward scheme encouraging people to demand bills when making purchases.

Nepal Estimates $5 Billion Needed for Reconstruction After Bhotekoshi-Trishuli Disasters

Finance Minister Dr. Swarnim Wagle has estimated that Nepal will require approximately $4.7 billion to $5 billion for reconstruction following the disasters in the Bhotekoshi and Trishuli regions. The government is preparing a phased financing plan, including financial support from India, China, the World Bank and the Asian Development Bank (ADB).

Maya Khola Hydropower's Net Profit Surges 124.52% to Rs 6.38 Crore in Q1

Maya Khola Hydropower Company Limited (MKHC) has reported a 124.52 percent increase in net profit, earning Rs 6.38 crore in the first quarter of FY 2083/84, compared to Rs 2.84 crore in the same period last year. Higher electricity sales revenue and lower interest expenses supported the company's improved profitability.

Khani Khola Hydropower Turns Profitable, Reports Rs 3.65 Crore Net Profit in Q1

Khani Khola Hydropower Company Limited (KKHC) has made a remarkable financial turnaround, reporting a net profit of Rs 3.65 crore in the first quarter of FY 2083/84, compared to a net loss of Rs 1.89 crore in the same period last year.