Bitcoin has surpassed US$80,000 for the first time in three months, driven by Washington's measures to curb bond yields and a broader recovery in alternative assets.
Bitcoin's price is still far from its peak
Aug 25, 2026
04:03 pm
What's the storyBitcoin has surged past the $80,000 mark for the first time since mid-May, extending a 23% weekly rally, its biggest in nearly three years.
The surge comes as optimism returns to the crypto market amid a combination of bullish signals and liquidation of billions in leveraged bets.
Bitcoin climbed above $80,000 for the first time since mid-May, extending a 23% weekly rally, its biggest in about three years.…
Washington’s buy-back efforts of US debt and policy support of cryptocurrency from the White House have sparked the rally.
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Bitcoin reaches $81,257, marking a three-month high as optimism returns amid renewed interest in the debasement trade.
By Christine IdzelisNora Redmond
Bitcoin crossed the $80,000 threshold for the first time in more than three months, driven by optimism around cryptocurrency…
