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Edition 2026-08-25

CRYPTO

Bitcoin Rises to $80,000, Extending Eight‑Day Rally

Bitcoin crossed $80,000 on August 25, the first time in nearly 15 weeks, after an eight‑day rally of about 28 percent.

By cryptonews · 61d ago · Source: cryptonews

Full article

Bitcoin crossed $80,000 on August 25, the first time in nearly 15 weeks, after an eight‑day rally of about 28 percent. The price rose from a low near $57,700 in early July to a high above $81,000 during the period, adding roughly $350 billion to market capitalization. U.S. spot Bitcoin ETFs attracted about $1.92 billion in net inflows for the week ending August 21, the strongest weekly total since October 2025. The U.S. Treasury announced on August 19 that it would increase the maximum size of its longer‑dated securities buyback program to at least $4 billion, with the expanded operations running from September 9 through November 4. Treasury buybacks initially lowered longer‑term yields and improved market liquidity expectations. The Money Flow Index reached 77.22, indicating strong capital inflows and approaching the overbought level of 80. Technical indicators showed upward momentum, with the Know Sure Thing reading near 112.5, well above its signal line of 40.2. Rekt Capital noted that Bitcoin’s weekly close above the 50‑week exponential moving average was technically bullish but highlighted the narrow margin above the average, warning that a failed retest could turn the move into a short‑lived rally. Price action was testing a resistance zone between $80,000 and $82,000, with support expected near $76,000 or $78,000 if the breakout were not sustained. Upcoming U.S. personal income, spending and PCE inflation data on August 26 are expected to influence Treasury yields and risk‑asset demand, which may determine whether Bitcoin can hold above $80,000.

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Publisher
cryptonews
Reliability
high
Published
8/25/2026, 10:01:03 AM
Retrieved
8/25/2026, 10:01:03 AM
Relevance
80%
Confidence
85%
Read original at cryptonews

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