Bitcoin Crosses $80,000 For The First Time Since May Amid Crypto Bounce Back
- On Tuesday, August 25, 2026, Bitcoin surpassed $80,000 for the first time since mid-May, extending a rapid August rally that pushed prices to three-month highs.
- Treasury Secretary Scott Bessent announced plans to double long-dated bond buybacks to at least $4 billion per operation starting September 9, reviving investor interest in the 'debasement trade' to hedge against potential dollar devaluation.
- Institutional demand surged as 13 U.S.-listed spot Bitcoin exchange-traded funds recorded approximately $1.92 billion in net inflows last week, while the rally forced the liquidation of about $7.2 billion in leveraged bearish bets.
- President Donald Trump urged Congress to pass the industry-backed CLARITY Act during a meeting with crypto leaders last week, aiming to establish a regulatory framework for digital assets with a vote expected in mid-September.
- Analysts warn Bitcoin faces resistance between $80,000 and $82,000, while investors monitor Federal Reserve Chair Kevin Warsh's upcoming Jackson Hole speech and PCE inflation data for policy signals that could reshape momentum.
133 Articles
133 Articles
Bitcoin Surges Past $80,000 as Treasury Bond Moves Weaken the Dollar
Bitcoin climbed above $80,000 Tuesday for the first time since mid-May. The move capped a stunning 28 percent gain for August. It leaves the cryptocurrency on track for its strongest monthly performance since November 2024. Yet the rally tells a larger story about fiscal policy, currency fears and shifting investor bets on scarce assets. Treasury Secretary Scott Bessent last week announced plans to double buybacks of long-dated government bonds.…
The bitcoin has been showing a renewed upward mood, after spending several months hovering around $60,000. During the day, the main cryptocurrency, thus notes one of its best weeks “in quite a while”, according to XTB’s head of research, Ignacio Mieres, after this day it even reached over $80 ... Continue reading “Bitcoin to the moon? Cryptocurrency is preparing to close its second best August of the story” The post Bitcoin to the moon? Cryptocu…
Bitcoin Reaches Three-Month High of $80,000 as Momentum Returns
Bitcoin briefly climbed above $80,000 for the first time since mid-May, as optimism returns to the beaten-down crypto market amid a confluence of bullish signals that forced the liquidation of billions in leveraged bets.
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BizTocCrypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5%
Bitcoin briefly cracked $80,000 for the first time in months, sending crypto mining stocks surging well past the broader digital infrastructure pack, but not every miner is rallying for the same reason.
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