A British man has recovered £3.3 million in Bitcoin lost for 12 years after initially investing just £1,500 in BTC in 2011.
The flagship cryptocurrency experienced a significant downturn on Monday as escalating tensions between Washington and Tehran sent ripples through global financial markets. BTC plummeted more than 2% to reach $77,161 at its lowest point before staging a modest recovery to approximately $77,813.
Bitcoin enters September after a 25% August rally, but Fed hike bets, oil prices and $80K-$86K resistance could threaten BTC's momentum.
The corporate purchases of Bitcoin resumed this week, creating additional demand in the market that has already risen significantly throughout August.
One week of common-stock sales funded a $369.7 million Bitcoin purchase, $202.5 million of STRC buybacks and dividends, and a $30 million cash increase.
Tom Lee thinks September fear is the trade.
TRON records over 4 million active addresses while Ethereum approaches 1 million. This contrasts sharply with Bitcoin and Cardano activity trends.
Withdrawal limits highlight the importance of self-custody and platform choice, impacting control and liquidity for significant Bitcoin holders. Fidelity withdrawal limits could trap Bitcoin holders for weeks, research shows.
Bitcoin recorded a cumulative gain of nearly 25% throughout the month of August. Spot trading volume surpassed $34 billion over the past 24 hours. Short position liquidations on major exchanges reached $180 million over the past week.
Security remains a core concern across cryptocurrency, yet losses keep climbing. CoinGecko's 2026 State of Crypto Security Report, published in late August, found that platforms lost $3.63 billion in 245 documented incidents from January 2025 through July 2026.
The Nasdaq-listed asset manager paid an average of $79,431 per coin, lifting its total stash to 23,156 BTC amid a wave of renewed treasury buying.
Bitcoin could face forced selling if leveraged longs return and BTC subsequently loses key support levels.