U.S. spot bitcoin ETF flows have also rebounded, while Strategy's bitcoin holdings are now back above their average purchase price.
Bitcoin's five-day rally pushes Strategy's 840,447 BTC holdings back into profit territory
Bitcoin surged toward $80,000 on Friday, extending a three-day rally that has liquidated more than $4 billion in bearish bets and pushed the cryptocurrency to a three-month high. Data from CryptoSlate shows Bitcoin climbed as high as $78,449, gaining more than 10% over the past 24 hours before easing to $77,873 as of press time.
A weaker dollar boosts alternative assets, potentially reshaping investment strategies and influencing global economic dynamics. Bitcoin and gold surge as Bessent's bond market move weakens dollar.
Bitcoin surpassed $79,000, boosting market cap past $1.55 trillion and pushing the broader crypto market to $2.65 trillion amid growing fears over $40 trillion in U.S. national debt. Short Sellers Squeezed as Liquidations Top $1B Bitcoin breached $79,000 Friday morning, pushing its dollar gains since Aug. 17 past $15,000.
Bitcoin is on pace for its best week since March 2024 amid Treasury buyback catalyst.
Bitcoin jumped 4.57% to $72,500 as ETF inflows topped $472 million and price broke above key resistance.
Trading activity on South Korea's two largest crypto exchanges has jumped sharply, with Upbit volume rising 273% to about $1.84 billion as Bitcoin's latest rally pulls local traders back toward digital assets. According to CoinGecko data on Aug.
Bitcoin miners spent $5.1 billion on AI infrastructure in 2026 but earned only $341 million back. Here's what the numbers show.
Bitcoin extends its sharp August recovery as ETF inflows, falling Treasury yields and billions in short liquidations accelerate buying.
Vaneck's head of digital assets research, Matthew Sigel, says his year-ahead bitcoin target and his 2029 cycle-peak call haven't moved. Bitcoin is currently surging and has cleanly broken past the all-important $75,000 psychological threshold.
Bhutan shifts $32.7 million in BTC to fresh wallets while ETF inflows and on-chain demand support a test of higher resistance.