August wasn’t just Bitcoin season. It was a broad crypto comeback.
Bitcoin finished the month nearly 25% higher after recovering from around $63,000 in mid-August and repeatedly testing the $80,000 level.
Altcoins did even better as a group, climbing more than 26%, with 83 of the top 100 cryptocurrencies ending August in positive territory.
Some of the biggest moves came from unexpected places. Zcash surged roughly 80%, Monero gained around 45%, HYPE climbed as much as 62%, and Solana rallied approximately 40%.
The rally was also unusually broad, with capital flowing heavily into established, liquid cryptocurrencies rather than concentrating entirely in new launches and memecoins.
Now comes the harder part. September has historically been a difficult month for Bitcoin, while BTC is still battling the $80K resistance level.
August proved the buyers came back. September will show whether they stay.
Bitcoin finished the month nearly 25% higher after recovering from around $63,000 in mid-August and repeatedly testing the $80,000 level.
Altcoins did even better as a group, climbing more than 26%, with 83 of the top 100 cryptocurrencies ending August in positive territory.
Some of the biggest moves came from unexpected places. Zcash surged roughly 80%, Monero gained around 45%, HYPE climbed as much as 62%, and Solana rallied approximately 40%.
The rally was also unusually broad, with capital flowing heavily into established, liquid cryptocurrencies rather than concentrating entirely in new launches and memecoins.
Now comes the harder part. September has historically been a difficult month for Bitcoin, while BTC is still battling the $80K resistance level.
August proved the buyers came back. September will show whether they stay.