Bitcoin Rises, Stays Below Key $80,000 Level -- Market Talk
Dow Jones2026/08/26 06:410641 GMT - Bitcoin moves higher, although it stays below the psychologically important $80,000 level. It has made massive gains in the last week, rising from levels below $65,000 to a peak of $81,237 on Tuesday, LSEG data show. "The cryptocurrency has gained about 25% during August, while recent momentum has been supported by a softer U.S. dollar, falling long-term Treasury yields, renewed institutional demand and expectations for a clearer U.S. digital-asset regulatory framework," Zaye Capital Markets' Naeem Aslam says in a note. Bitcoin is last up 0.9% at $78,916. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
August 26, 2026 02:41 ET (06:41 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Qatar Energy chief refutes Besent: The Strait of Hormuz will never be "worthless"
Qatar's Minister of Energy, Saad Al Kaabi, stated that US Treasury Secretary Scott Besent's claim that the Strait of Hormuz will become "worthless" within two years is "incorrect."
Stacks crypto jumps 13% – Could STX bulls extend the price rally?
Tom Lee predicts the S&P 500 could surpass 8,200 points by the end of the year
Michael Saylor, BlackRock, Metaplanet, and Strive purchase Bitcoin
Crypto prices
More
