Bitcoin rebounds above $81,000 as Asian chip rally spills into crypto, PEPE jumps 9%

Bitcoin rose above $81,000 on Monday after dropping below $80,000 the previous day, driven by a rally in Asian chip stocks and inflows into U.S. spot bitcoin ETFs. PEPE advanced over 9% after Arkham Intelligence linked wallets to Tron founder Justin Sun holding approximately $51 million of the token. U.S. spot bitcoin ETFs recorded $176 million in inflows for a second consecutive day.