Bitcoin surpasses $80,000: the return of the «debasement trade»
In the night of August 24 to 25, 2626, the price of bitcoin breaks through $80,000—its first time since mid-May. A detail that draws even more attention from crypto investors and traders: a gain of more than 25% in just one week. A performance analysts attribute to a rare macroeconomic cocktail. Is this the start of a new bull cycle or an isolated move? Predictions are already running fast within the crypto community.
Bitcoin reached $81,237.94, its highest level since mid-May.
BTC is up 28% in August and could post its best month since November 2024.
U.S. Bitcoin ETFs have attracted $1.918 billion from August 17 to 21.
Crossing the $80,000 mark confirms the return of momentum without validating a lasting trend.
Bitcoin posts its best weekly performance in several years
All the data confirms it: the bitcoin price has surpassed $80,000 for the first time since mid-May. Thus, the queen of cryptocurrencies hits a three-month peak.
That’s not all! Over the past week, the BTC rally has also exceeded 25%. Since the so-called bill introduced last week by Donald Trump to Congress to clarify the crypto sector’s legislative framework, bitcoin has gained 16%. Just in August, the cryptocurrency is up 28%. As a result, it’s its best month since November 2024.
According to the data, the move isn’t limited to bitcoin. Solana also shows a jump of around 8%, driven by discussions among validators about a slowdown in the issuance of new tokens. XRP’s weekly advance, meanwhile, exceeds 52%. This puts the crypto asset at the top among large-cap coins.
$BTC
$VUG.ETF
$GRAM
#bitcoin
In the night of August 24 to 25, 2626, the price of bitcoin breaks through $80,000—its first time since mid-May. A detail that draws even more attention from crypto investors and traders: a gain of more than 25% in just one week. A performance analysts attribute to a rare macroeconomic cocktail. Is this the start of a new bull cycle or an isolated move? Predictions are already running fast within the crypto community.
Bitcoin reached $81,237.94, its highest level since mid-May.
BTC is up 28% in August and could post its best month since November 2024.
U.S. Bitcoin ETFs have attracted $1.918 billion from August 17 to 21.
Crossing the $80,000 mark confirms the return of momentum without validating a lasting trend.
Bitcoin posts its best weekly performance in several years
All the data confirms it: the bitcoin price has surpassed $80,000 for the first time since mid-May. Thus, the queen of cryptocurrencies hits a three-month peak.
That’s not all! Over the past week, the BTC rally has also exceeded 25%. Since the so-called bill introduced last week by Donald Trump to Congress to clarify the crypto sector’s legislative framework, bitcoin has gained 16%. Just in August, the cryptocurrency is up 28%. As a result, it’s its best month since November 2024.
According to the data, the move isn’t limited to bitcoin. Solana also shows a jump of around 8%, driven by discussions among validators about a slowdown in the issuance of new tokens. XRP’s weekly advance, meanwhile, exceeds 52%. This puts the crypto asset at the top among large-cap coins.
$BTC
$VUG.ETF
$GRAM
#bitcoin
