Bitcoin reached over $80,000 for the first time since January.

Bitcoin's price surged further on Monday, flirting with $80,000 after U.S. exchange-traded funds had their best week since October.

On Monday, bitcoin's price rose to an intraday high of $79,989 per unit, the highest price range of August so far.

Bitcoin climbed above $80,000 for the first time since mid-May, extending a 23% weekly rally, its biggest in about three years. The surge reflects renewed optimism around crypto…

Bitcoin reaches $81,257, marking a three-month high as optimism returns amid renewed interest in the debasement trade.

Improving liquidity expectations and a lower regulatory risk premium are supporting the cryptocurrency