Bitcoin Magazine

Bitcoin’s ‘Unusual Mix’: Bearish Inflation Print, Bullish Buyback Failure

Bitcoin’s path higher just got harder in the short term, but the setup further out may be improving, according to a new report. 

In a Friday note, European asset manager CoinShares’ Head of Research, James Butterfill, said firmer-than-expected core inflation raises the odds of tighter Fed policy and could cap bitcoin below $80,000 for now. 

But the longer-term case, he argued, rests on the U.S. Treasury’s bond buyback programme failing to bring down long-end yields — a failure that could ultimately feed the debasement narrative that has supported both bitcoin and gold.

“The result is therefore a somewhat unusual policy mix for Bitcoin,” the report read. “Today’s CPI data is negative at the margin, increasing the probability of tighter monetary policy and potentially limiting the immediate upside. 

“But the apparent failure of the Treasury’s current buying programme increases the likelihood of much more substantial intervention further ahead.”

It continued: “If that happens, it could become one of the more powerful medium-term catalysts for Bitcoin.”

Data on Friday revealed that the consumer price index, excluding food and energy, climbed 0.3% in August from a month earlier — higher than expected. 

According to CME’s FedWatch tool, traders think there is a 85% chance interest rates will be higher after the Federal Reserve meets next week. Bitcoin has typically performed well in a low interest rate environment. 

But the U.S. Treasury’s expanded bond buyback programme has so far failed to materially suppress long-term yields. 

If yields stay stubbornly high, Butterfill said, pressure will build on Treasury Secretary Scott Bessent to escalate to a much larger, “bazooka-style” buying programme aimed at forcing borrowing costs down.

Bitcoin in August had one of its best runs in years after Treasury Secretary Scott Bessent announced the department would double the size of its long-dated bond buybacks. 

The announcement and subsequent price surge has led some to say the much talked-about debasement trade is back. The so-called debasement trade is when investors buy an asset as a way to hedge against a currency losing value. 

Bitcoin and gold have both benefited as part of the trade as the dollar weakens. 

This post Bitcoin’s ‘Unusual Mix’: Bearish Inflation Print, Bullish Buyback Failure first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Price Spikes, Shrugs off Hot US Inflation Data

Bitcoin’s price rose on Friday — despite data revealing that U.S. inflation had risen. 

The biggest cryptocurrency by market cap was recently trading for close to $78,749 after jumping 2% over a 24-hour period. At one point on Friday morning in New York, bitcoin rose as high as $79,607. 

Bitcoin’s price spike came after news dropped that U.S. consumer prices accelerated in August, reinforcing ​expectations that the Federal Reserve will raise interest rates next week.

The consumer price index, excluding food and energy, climbed 0.3% in August from a month earlier, which was higher than expected. 

Inflation in the U.S. has been difficult to tame due to the war with Iran, which has lifted oil prices, in turn raising the costs of food, gasoline and other goods. 

Higher inflation typically means the Federal Reserve will raise interest rates, which in turn could stop bitcoin’s price climbing higher. 

According to CME’s FedWatch tool, traders think there is a 85% chance interest rates will be higher by next week. The Federal Reserve will meet next week and reveal what it will do with borrowing costs. 

Bitcoin has typically performed well in a low interest rate environment because it means people can buy more of the cryptocurrency with increased liquidity. 

Federal Reserve Chairman Kevin Warsh, who took the helm in January, last month gave his first speech as head of the U.S. central bank and said he had “more work to do” to fight inflation. 

The U.S. is currently in the grips of an affordability crisis and rising oil prices are a hot topic ahead of the midterm elections. 

U.S. President Donald Trump has reassured voters that prices will get under control and repeatedly put pressure on the central bank to lower interest rates. 

Bitcoin in August had its biggest run in years following positive regulatory news and an announcement from the U.S. Treasury. 

Treasury Secretary Scott Bessent announced the department would double the size of its long-dated bond buybacks, helping non-yielding assets like bitcoin and gold. The cryptocurrency then benefited from President Trump urging lawmakers to get key crypto legislation, the Clarity Act, over the line. 

This post Bitcoin Price Spikes, Shrugs off Hot US Inflation Data first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Dips Below $80,000 on Strong US Jobs Report

Bitcoin slid Friday after a better-than-expected labor report showed that the U.S. job market accelerated in August. 

The leading cryptocurrency was recently trading for close to $79,764 after dropping as low as $78,706 earlier in the morning in New York. It’s currently down over 1% over a 24-hour period. On Thursday, the coin soared above $82,000. 

The Federal Reserve is typically more likely to raise interest rates when the labor market is strong, because more people employed means more spending, and more spending can push inflation up. 

Federal Reserve Chair Kevin Warsh last week gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation. Bitcoin has typically done well in a low-interest rate environment. 

Traders currently view a U.S. Federal Reserve interest rate hike at the upcoming September 15–16 policy meeting as roughly a 50% to 60% probability. 

But U.S. President Donald Trump on Friday demanded the Federal Reserve slash interest rates. 

Writing on his social media platform Truth Social, Trump said: “Lower the interest rates because the U.S.A. is a much stronger credit than it was just a short time ago!”

He added: “We should have the LOWEST RATE of any country in the World, like ‘the old days.'”

Bitcoin has decoupled from stocks recently as investors have renewed concerns around dollar debasement. 

The cryptocurrency started surging last month, after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The coin had its best run in three years and third best August ever.  

The much-talked about debasement trade is back in the spotlight, and bitcoin has been trading in lockstep with gold, according to analysts. The so-called debasement trade is when investors buy an asset as a way to hedge against a currency losing value. 

News dropped last month that U.S. public debt exceeded $40 trillion for the first time too. Excessive debt also undermines confidence in the dollar, making assets like bitcoin and gold attractive. 

This post Bitcoin Dips Below $80,000 on Strong US Jobs Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Bear Market May Not Yet Be Over, Says Fidelity 

Bitcoin may be rallying but that doesn’t mean the bear market is over. Not yet, anyway. 

A new report from asset manager Fidelity said that while bitcoin was behaving like it did in previous cycles, it could still hit a bottom in November. 

Bitcoin started rallying in mid-August after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The asset’s price recently stood at close to $81,639, up nearly 30% over a 30-day period. 

Some have since argued that bitcoin is out of its bear market. The coin touched a record high in October last year, hitting $126,080. 

“Given bitcoin’s recent performance, the bottom could already have occurred in July,” Chris Kuiper, Vice President of Research at Fidelity Digital Assets, wrote. 

“It could also drop again to make another new low in November or later,” he continued, adding that bitcoin cycles have historically not been precisely four years long, so they “aren’t reliable for timing the market.” 

Throughout most of June and July, bitcoin’s volatility was particularly muted, and the coin traded below $65,000. 

But that all changed in August after the Treasury Department’s announcement, which has since brought the so-called debasement trade back in the picture again. 

To get an idea of where bitcoin moves next, Kuiper argued that investors should pay attention to what happens with the crypto Clarity Act. Proponents argue it could provide “greater regulatory certainty and support continued innovation in the U.S. digital asset ecosystem,” he wrote. 

President Donald Trump in August urged lawmakers to get the long-awaited crypto market structure bill over the line, helping spur bitcoin’s run. The president called the draft “very, very powerful” after meeting with crypto industry bigwigs at the White House. 

The digital asset industry has long called for clear rules on how regulators should treat bitcoin, stablecoins and other cryptocurrencies. 

Lawmakers will vote on the bill this month. 

This post Bitcoin Bear Market May Not Yet Be Over, Says Fidelity  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It

Bitcoin surged on Thursday — but industry-related stocks rose even quicker as a rally that started weeks ago again picked up steam. 

The price of the biggest cryptocurrency hit as high as $81,282 on Thursday morning in New York, a nearly 3% increase over a 24-hour period. 

Over the past 30 days, the bitcoin price has surged over 23% following both positive regulatory news and announcements from the U.S. Treasury Department regarding debt buybacks. 

JUST IN: $80,139 Bitcoin pic.twitter.com/2hCpC00rrg

— Bitcoin Magazine (@BitcoinMagazine) September 3, 2026

But other major crypto company stocks rose quicker. Bitcoin treasury Strategy (NASDAQ: MSTR) was trading more than 13% higher on Thursday. The company on Monday resumed bitcoin buys after a 10-week pause to reshuffle its cash balance sheet. 

America’s biggest crypto exchange, Coinbase, also saw its stock shoot up. Nasdaq-listed COIN was trading 11% higher in the same time period. 

Elsewhere, bitcoin mining companies had a boost too. Top public companies in the space — including the Nasdaq-listed HIVE Digital, MARA, and CleanSpark — all were up on Thursday. 

HIVE Digital led the pack with a 13% jump, while MARA Holdings was up more than 10% on the day. 

Clean energy bitcoin miner CleanSpark jumped by 9%; IREN, which is slowly phasing out its mining operations to focus on AI-compute, was up by 4%. 

Bitcoin had a phenomenal run in August — its third best such month in its history — after the U.S. Treasury Department said it would more than double the size of its government debt repurchases.

The announcement, aimed to tame surging yields not seen in nearly 20 years, hurt the dollar but has benefited non-yielding assets like bitcoin and gold. 

Soon after, President Donald Trump urged lawmakers to get the long-awaited crypto Clarity Act over the line — digital asset legislation the industry has long called for. 

Investors rushed back into bitcoin exchange-traded funds as a result, throwing over $2.8 billion at the vehicles — the most since October, when the coin hit a new all-time high. 

Bitcoin had spent a lot of the year trading below $80,000 per coin, with June and July mostly below $65,000. The coin hit a new record of $126,080 in October. It is now nearly 40% below that number. 

This post Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Slides as US-Iran Tensions Escalate 

Bitcoin slid on Tuesday after investors went into “risk-off” mode following escalating attacks between the U.S. and Iran. 

The largest cryptocurrency had initially shrugged off President Donald Trump’s threats to the Middle Eastern nation, as well as the first strikes. 

But things heated up on Tuesday, and bitcoin’s price slid. It was recently down more than 2% on the day, trading for $77,363. The coin had pushed past as high as nearly $81,282 on Friday. 

The Tuesday attacks from the U.S. were because Iran tried to put mines in the Strait of Hormuz, and also because of an attack on an American military base in Jordan, according to President Trump. 

U.S. Central Command said on X that Iran had also attacked commercial ships. 

Today at 12 p.m. ET, U.S. forces began striking Islamic Revolutionary Guard Corps (IRGC) targets in Iran. The strikes follow recent attempted attacks by the IRGC against commercial shipping in the Strait of Hormuz and against American service members deployed to the region.

— U.S. Central Command (@CENTCOM) September 1, 2026

“The strikes follow recent attempted attacks by the Islamic Revolutionary Guard Corps against commercial shipping in the Strait of Hormuz and against American service members deployed to the region,” the post read. 

Iran responded with a “decisive operation” against U.S. military bases, according to Iranian media. Oil surged on the news. 

Bitcoin’s price has been sensitive to geopolitical tensions this year — especially after Iran and Israel attacked Iran. The cryptocurrency has typically faced downward pressure on news of war, only to then rally when Trump raised hopes of a ceasefire. 

Despite Bitcoin’s price being relatively muted, in recent months, it has made more wild swings since mid-August. 

Bitcoin’s immediate reaction to rising oil prices is to drop: more expensive energy means higher inflation, and higher inflation typically means the U.S. central bank will postpone rate cuts, which can restrict the liquidity that bitcoin needs to gain momentum. 

The Federal Reserve’s chair, Kevin Warsh, last week gave his first major speech as leader of the central bank and said that inflation in the world’s largest economy had not come down enough. 

Traders are now no longer pricing in an interest rate cut this year, instead expecting a hike. Bitcoin has typically performed well in the past in low interest rate environments. 

Still, the coin had one of its best runs in August after the U.S. Treasury said it would at least double the size of its liquidity-support buyback operations, in response to surging borrowing costs. 

The announcement hurt the dollar but non-yielding assets like bitcoin and gold have benefited. 

This post Bitcoin Slides as US-Iran Tensions Escalate  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Defies Seasonal Slump With Third-Best August Ever

Bitcoin is known for its summer slumps. But August was different. 

In fact, the leading cryptocurrency had its third best August ever. 

As highlighted on Tuesday by Bitwise’s European Head of Research, André Dragosch, bitcoin delivered returns of 25% last month. 

“No ‘summer lull’ so far,” Dragosch wrote on X, highlighting that the only better Augusts the coin has had were in 2017 when it gave investors returns of nearly 66%, and 2013, with close to 31%. 

OFFICIAL: August 2026 is in the books and it's been the 3rd best August in bitcoin's history.

August 2017: +65.6%
August 2013: +30.7%
August 2026: +25.0%

No "summer lull" so far. pic.twitter.com/jwHt2VP5Sk

— André Dragosch, PhD (@Andre_Dragosch) September 1, 2026

Multiple analyses point to the months of June-September showing weaker average returns than the rest of the year.

Throughout most of June and July, bitcoin’s volatility was particularly muted, and the coin traded below $65,000. 

But that changed in mid-August after the U.S. Treasury Department said it would more than double the size of its government debt repurchases due to fixed income markets under pressure and yields surging to levels not seen in nearly 20 years. 

Lower long-term yields reduce the opportunity cost of holding non-yielding assets like bitcoin and gold, and generally support risk-on sentiment. 

Investors flooded into bitcoin as a result. 

Positive news soon followed, with President Donald Trump urging lawmakers to get the long-awaited crypto Clarity Act over the line. The digital asset industry has long called for clear rules on how regulators should treat bitcoin, stablecoins and other cryptocurrencies. 

Despite a delay in a vote on the legislation, Trump called the draft “very powerful.” The president made the comments after having met with crypto industry bigwigs and CEOs. 

Investors also rushed back into ETFs in August, throwing over $2.8 billion at the vehicles — the most since October, when the coin hit a new all-time high. 

Bitcoin in August had its best run in three years — and is up nearly over 20% over the past month. 

The asset reached as high as $81,281 last week before sliding again on Friday. 

Bitcoin’s price recently stood at $76,883, nearly down 3% over a 24-hour period. 

This post Bitcoin Defies Seasonal Slump With Third-Best August Ever first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments 

Bitcoin dropped, then popped after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation. 

The leading cryptocurrency was recently trading for $79,474 after dropping as low as $78,630 before quickly rising again. 

Bitcoin has typically done well in a low interest rate environment but the Federal Reserve has been reluctant to lower borrowing costs due to sticky inflation in the world’s biggest economy. 

“But on the price-stability side of our mandate, the numbers are more concerning,” Warsh said after talking about employment. 

He added: “We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do.”

Bitcoin has in the past dropped on news that the Federal Reserve thinks inflation is too high because it means less chance of a rate cut. Following Warsh’s speech, traders priced in a 50% chance of rate hike in September. 

But Bitcoin has appeared to — at least for now — shrug off the speech. 

Bitcoin’s started surging last week after the U.S. Treasury Secretary Scott Bessent announced the department would double the size of its long-dated bond buybacks. 

The news sent yields down lower, and the dollar slid while non-yielding assets like bitcoin and gold jumped. 

Positive regulatory news also helped the coin: President Donald Trump last week said that the long-awaited crypto Clarity Act was a “very, very powerful” piece of legislation, and urged lawmakers to get it over the line. 

The proposed law will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for. 

The Federal Reserve Bank of Kansas City is on Friday holding the annual event at Jackson Hole, Wyoming, where central bankers, Federal Reserve officials, policymakers and academics will gather to discuss “Financial Innovation: Implications for Payments and Policy.”

According to the Federal Reserve Bank of Kansas City website, this year’s event will touch on how “recent years have seen a dramatic increase in innovation in financial intermediation and payments,” including new technologies such as “cryptocurrencies and stablecoins.” 

This post Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Again Flirts With $81,000 Ahead of Fed’s Jackson Hole Meeting 

Bitcoin again closed in on the $81,000 mark on Thursday before dropping again as its stellar week continued. 

The leading cryptocurrency was recently trading for $80,236 after notching as high as $80,793 earlier in the day in New York. 

Bitcoin is now up more than 2% over the past day after gaining 10% in a week. The coin’s rise comes ahead of Federal Reserve Chair Kevin Warsh’s keynote on Friday where he is expected to talk about digital payments — including crypto. 

JUST IN: The Bitcoin Fear & Greed Index is now up to 71, "Greed"

Bullish pic.twitter.com/FM05AzGYWt

— Bitcoin Magazine (@BitcoinMagazine) August 27, 2026

The Federal Reserve Bank of Kansas City will hold the annual event at Jackson Hole, Wyoming, where central bankers, Federal Reserve officials, policymakers and academics will gather to discuss “Financial Innovation: Implications for Payments and Policy.”

According to the Federal Reserve Bank of Kansas City website, this year’s event will touch on how “recent years have seen a dramatic increase in innovation in financial intermediation and payments,” including new technologies such as “cryptocurrencies and stablecoins.” 

It will be Warsh’s first major speech as chairman of the Federal Reserve. Warsh, who has made pro-Bitcoin statements in the past, has been reluctant to lower interest rates; President Donald Trump, who nominated Warsh, has since last year pushed for borrowing costs to come down. 

Bitcoin in the past has done well in a low interest rate environment. 

Bitcoin’s run started last week when it sustained its biggest run in years following positive regulatory news and an announcement from the U.S. Treasury. 

But recent positive regulatory news has helped the coin. While a vote on the long-awaited crypto Clarity Act has been delayed until September, President Donald Trump last week said that the bill was a “very, very powerful” piece of legislation, and urged lawmakers to get it over the line. 

The proposed law will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for. 

And U.S. Treasury Secretary Scott Bessent also last week announced the department would double the size of its long-dated bond buybacks. 

The news sent yields down lower; lower long-term yields reduces the opportunity cost of holding non-yielding assets like bitcoin and gold, and generally supports risk-on sentiment. 

This post Bitcoin Again Flirts With $81,000 Ahead of Fed’s Jackson Hole Meeting  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Is Bitcoin Out of Its Bear Market? These Analysts Think So

Bitcoin is out of its bear market. But expect a possible pullback. 

That’s according to analysts at crypto research firm CryptoQuant, who say the coin is behaving like it has done in the past. CryptoQuant founder, Ki Young Ju, wrote on X Tuesday that the asset had “entered into the early bull phase.”

Ju Pointed to movements bitcoin made in its last cycle before entering a bull market, and said the coin was currently doing the same thing. 

JUST IN: Bitcoin is currently having its 3rd best August EVER, currently up 25% this month pic.twitter.com/q45AHHpK4e

— Bitcoin Magazine (@BitcoinMagazine) August 24, 2026

CryptoQuant research shows that bitcoin flows to derivative exchanges have started again, confirming that traders have entered “risk-on” mode, which “has marked the start of a new bull cycle” in the past. 

And another analyst at the firm, Theophiluspep, wrote that while the coin was entering a bull market, “spot demand, ETF flows, and market momentum have turned decisively bullish, but elevated profit-taking, exchange inflows, and overbought conditions suggest a potential near-term cooldown.”

He added: “This looks increasingly like a genuine regime shift into the early phase of a new bull market, driven more by improving spot demand and institutional ETF buying than by excessive leverage.”

Bitcoin started surging last week. It is currently up 22% over a seven-day period and was recently priced at $78,716. It briefly touched $81,160 on Monday. 

Its rise comes after a sluggish June and July when it mostly traded below $65,000. 

U.S. investors last week reversed course and bought up shares in the bitcoin exchange-traded funds, which had their best week since October — the same time bitcoin notched its record of $126,080. 

Data from Farside Investors shows that the funds — managed by the likes of BlackRock, Fidelity, Grayscale, and Morgan Stanley — received $1.9 billion in new cash. 

The change in sentiment comes after the Treasury Department’s announcement last week to at least double the size of its long-dated bond buybacks.

Since the Treasury made the announcement, yields have gone down, while bitcoin and gold have shot up. The dollar last week was trading at a three-month low and on track for its worst week of August. Bitcoin, on the other hand, had its best week since 2023. 

Positive regulatory news coming out of the White House also helped: President Donald Trump held a meeting with crypto executives earlier last week, and urged lawmakers to get the Clarity Act over the line. 

This post Is Bitcoin Out of Its Bear Market? These Analysts Think So first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Breakout Could Be Around the Corner as Asset Is No Longer Oversold: Fairlead Strategies’ Katie Stockton

Bitcoin is no longer oversold but there’s still time to buy, according to Fairlead Strategies’ Katie Stockton. 

Speaking on Tuesday to CNBC, the financial research firm’s managing partner said that Bitcoin cleared its 200-day moving average back in May, meaning that a potential breakout could be coming. 

Bitcoin started rallying last week on news that the Treasury would at least double the size of its liquidity-support buyback operations. It’s up over 22% over a seven-day period, and was recently trading for $78,915. The coin traded above $81,000 on Monday. 

JUST IN: Fairlead Strategies founder tells CNBC Bitcoin is "not over bought yet, so that's the good thing."

"We're looking for more upside from gold…maybe it won't be quite as long lived as what we expect from Bitcoin" pic.twitter.com/lXly8WRO3Y

— Bitcoin Magazine (@BitcoinMagazine) August 25, 2026

“It’s not overbought yet, so that’s the good thing,” said Stockton. 

“Whenever you see a breakout above a resistance level, it’s always better to have that immediate follow-through to essentially confirm the breakout.” 

Bitcoin was trading under $65,000 for most of June and July and experiencing its lowest volatility in its 17-year history. 

Its recent rally has some analysts saying that the so-called debasement trade could be hot again. The debasement trade is when investors buy assets when they think fiat money is losing value. 

And losing value it is: The dollar slid following the Treasury’s announcement last week. Gold and bitcoin have since rallied. 

Bitcoiners have long argued that the biggest cryptocurrency can work as a hedge against government printing, along with precious metals. 

U.S. investors last week piled back into Bitcoin exchange-traded funds; the investment vehicles had their best week since October, with nearly $2 billion in inflows. 

Bitcoin’s price was also helped after President Trump last week gathered with crypto executives at the White House and said that getting the Clarity Act over the line would keep the U.S. ahead of China. 

Lawmakers were hoping to get a vote on the crypto market structure bill, or Clarity Act, in August. A vote will now go ahead in September. The bill will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins. 

This post Bitcoin Breakout Could Be Around the Corner as Asset Is No Longer Oversold: Fairlead Strategies’ Katie Stockton first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Tops $81,000 — Is the Debasement Trade Back?

Bitcoin soared past $81,000 for the first time since January on Monday before dropping slightly. The recent moves have market observers asking if the debasement trade is back. 

The biggest cryptocurrency was recently trading for $79,098 on Tuesday morning in New York after hitting $81,160 the evening before. Over a 24-hour period, the coin now sits unmoved. But zoom out seven days and it has jumped by 23%. 

Bitcoin has benefited from news that the Treasury would at least double the size of its liquidity-support buyback operations. The announcement last week hurt the dollar but non-yielding assets have benefited. 

JUST IN: $80,834 Bitcoin! pic.twitter.com/1Ouoi92RmA

— Bitcoin Magazine (@BitcoinMagazine) August 25, 2026

This has some asking whether 2025’s much talked about debasement trade is back. The strategy — when investors buy an asset as a way to hedge against a currency losing value — has in the past benefited Bitcoin along with precious metals because such assets cannot be endlessly printed. 

Analysts frequently touted the trade last year but following Bitcoin’s decline since October, it became less talked about as traders turned their attention to stocks related to artificial intelligence. 

Though since the dollar has become increasingly weaker, Bitcoin could be attracting longer-term and “smart money” investors, market observers have said. 

U.S. investors last week piled back into Bitcoin exchange-traded funds; the investment vehicles had their best week since October, with nearly $2 billion in inflows. 

Bitcoin notched a new record of $126,080 in October before the biggest liquidation event in crypto history hurt its price. It continued to dip in 2026 on negative macroeconomic headwinds and fears that the Federal Reserve would not lower interest rates. 

Still, it has become increasingly less volatile and so far has suffered from its shallowest bear market, according to analysts. 

This post Bitcoin Tops $81,000 — Is the Debasement Trade Back? first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Rally Accelerates, With $80,000 in Sight After ETFs Have Stellar Week 

Bitcoin’s price surged further on Monday, flirting with $80,000 after U.S. exchange-traded funds had their best week since October. 

The leading cryptocurrency was recently trading more than 2% higher over a 24-hour period after flying past $79,155. It earlier on Monday morning in New York reached as high as $79,954. 

Over the past week, the coin has risen 25%. Its rise comes after a sluggish June and July when it mostly traded below $65,000. 

Last week, U.S. investors reversed course and bought up shares in the Bitcoin ETFs, which had their best week since October, when bitcoin notched its record of $126,080. Data from Farside Investors shows that the funds — managed by the likes of BlackRock, Fidelity, Grayscale, and Morgan Stanley — received $1.9 billion in new cash. 

“This is one of the benefits of a commodity in a constant state of supply shock,” Bloomberg Intelligence ETF analyst Eric Balchunas wrote on X on Monday. 

Bitcoin ETFs took just about $2b last week- their best week since the Good Ol Days of Oct 2025 as price went from $64k to $77k in a New York minute (that counts as God candle yeah?). Anyway, this is one of the benefits of a commodity in a constant state of supply shock. pic.twitter.com/B63AUp3G8k

— Eric Balchunas (@EricBalchunas) August 24, 2026

The surge in interest in bitcoin’s was triggered by the Treasury Department’s announcement last week to at least double the size of its long-dated bond buybacks.

Since the Treasury made the announcement, yields have gone down, while bitcoin and gold have shot up. The dollar last week was trading at a three-month low and on track for its worst week of August. Bitcoin, on the other hand, had its best week since 2023. 

Positive regulatory news coming out of the White House also helped: President Donald Trump held a meeting with crypto executives earlier last week, and urged lawmakers to get the Clarity Act over the line. 

Lawmakers will vote on the long-awaited crypto legislation, which the digital asset industry has long called for, in September. The proposed law will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins. 

Bitcoin notched an all-time high in October but was hurt later that month after the biggest liquidation event in crypto history saw over $19 billion in bets closed. The coin continued its plunge after the Federal Reserve made it clear it was in no hurry to lower interest rates and investors increasingly threw money at artificial intelligence-related stocks. 

This post Bitcoin Rally Accelerates, With $80,000 in Sight After ETFs Have Stellar Week  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped Out

Bitcoin continued its rise on Friday, having its best week since 2023 as over $1 billion in shortsellers’ positions got ruined and exchange-traded funds received billions in new cash. 

The leading cryptocurrency on Friday was recently trading 23% higher over a seven-day period after flying past $77,542. It earlier in the day reached as high as $79,319. 

Bitcoin’s rise comes after the American investors fast piled into exchange-traded funds, with the vehicles so far this week taking in over $1.6 billion, according to Farside Investors data. 

CNBC analysts said that the coin’s rise is its best performance since 2023 and was triggered by the Treasury Department’s Wednesday announcement to at least double the size of its long-dated bond buybacks.

The announcement has helped send yields down lower, while assets like bitcoin and gold have shot up. The dollar is trading at a three-month low and on track for its worst week of August.

Why? Because lower long-term yields reduces the opportunity cost of holding non-yielding assets, and generally supports risk-on sentiment. 

Those betting on the price of the cryptocurrency to fall also got hit hard: Data from Coinglass shows that over $1 billion in shorts positions were closed. 

In a note Friday, Standard Chartered’s Global Head of Digital Assets Research, Geoffrey Kendrick, said that Thursday was the largest liquidation of Bitcoin shorts ever when $1.1 billion in bets were closed. 

Bitcoin’s volatility had dropped significantly over June and July and had mostly been trading below $65,000. 

Investors have this week frantically bought shares of Bitcoin ETFs, with the funds on Thursday receiving $606.3 million — one of their biggest trading days this year. 

Positive regulatory news coming out of the White House is also helping: President Donald Trump held a meeting with crypto executives earlier in the week, and urged lawmakers to get the Clarity Act over the line. 

A vote will go ahead on the long-awaited crypto legislation, which the digital asset industry has long called for, in September. 

This post Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped Out first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Price Roars Towards $80,000 Following Positive Regulatory News, US Buyback Pledge

Bitcoin roared past $79,000 Friday, sustaining the biggest run in years following positive regulatory news and an announcement from the U.S. Treasury. 

The leading cryptocurrency hit as high as $79,319 before dipping slightly. It was recently priced at $77,584, a more than 7% rise over the past day. Over a seven-day period, the coin has shot up by close to 23%. 

Bitcoin had spent most of July and June trading below $65,000. Some analysts had said that the bottom was likely in. 

JUST IN: Standard Chartered bank says Bitcoin could surge back to $100,000 this year, ending the "shallowest" bear market so far pic.twitter.com/IpyESe931E

— Bitcoin Magazine (@BitcoinMagazine) August 21, 2026

And it may just be in: Writing in a note Friday, Standard Chartered’s Global Head of Digital Assets Research, Geoffrey Kendrick, said that a $100,000 price forecast by year-end was too low. 

“Once investors remember how quickly prices can accelerate to the topside, and we get past the 6 October date (12 months after the all-time high) an overshoot towards the all-time high (USD126k) before year-end may be possible,” he said. 

He added that bitcoin’s bear market so far has been the shallowest on record. Analysts have pointed out that the coin’s volatility has been dampened this year. 

Bitcoin notched a record last year of $126,080 but plunged soon after following the biggest liquidation event in the history of crypto. Over $19 billion in leveraged bets were closed, sending shockwaves through the market. 

Since then, a number of factors have hurt bitcoin’s price, including the Federal Reserve being reluctant to lower interest rates and geopolitical headwinds such as war in the Middle East. 

But recent positive regulatory news has helped the coin. While a vote on the long-awaited crypto Clarity Act has been delayed until September, President Donald Trump on Wednesday said that the bill was a “very, very powerful” piece of legislation, and urged lawmakers to get it over the line. 

The proposed law will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for. 

And earlier this week, U.S. Treasury Secretary Scott Bessent announced the department would at least double the size of its long-dated bond buybacks. The news sent yields down lower; lower long-term yields reduces the opportunity cost of holding non-yielding assets like bitcoin and gold, and generally supports risk-on sentiment. 

This post Bitcoin Price Roars Towards $80,000 Following Positive Regulatory News, US Buyback Pledge first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Could Attract More Buyers As Fast Money Is Washed Out, Says Lyn Alden

Macroeconomist and author Lyn Alden has said that while sentiment for Bitcoin has been low in recent months, there are “not a lot of downside catalysts” for the asset left. 

Speaking in a Thursday interview with CNBC, Alden said that the “fast money” has been washed out and market observers are not expecting Bitcoin treasury Strategy to sell anymore. 

Alden’s comments come after Bitcoin shot up this week. The leading cryptocurrency was recently trading for $72,660 — a more than 6% 24-hour rise — after reaching $72,890 earlier on Thursday. 

“By almost every metric, Bitcoin is near the low end of its valuation and sentiment range,” Alden said. 

“Even relatively small upside gains at this point can attract new types of buyers — once people see that the chart doesn’t look bad anymore, you can get technical traders coming back in; if you get further momentum, say months from now, you could get more momentum traders back in.” 

Bitcoin shot up following President Trump held a meeting at the White House with crypto executives and urged lawmakers to pass the long-anticipated crypto market structure bill, the Clarity Act. 

The president said Wednesday that the Clarity Act was a “very, very powerful” piece of legislation and urged lawmakers to pass it. 

Crypto industry companies have long been waiting for the crypto legislation. The Clarity Act was passed by the House of Representatives last year but has largely remained in deadlock this year. Some lawmakers were hoping for a vote in August but that will now go ahead in September. 

Alden added that while Bitcoin isn’t necessarily “out of the woods yet,” hard assets like Bitcoin that are “under-owned” will come out winning over the long-run. 

Bitcoin notched a record in October of $126,080 but has been in a bear market in 2026 as traders have increasingly pivoted to artificial intelligence-related tech stocks, and the Federal Reserve has hinted that interest rates will not come down anytime soon.

This post Bitcoin Could Attract More Buyers As Fast Money Is Washed Out, Says Lyn Alden first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish

Bitcoin exchange-traded funds have taken in over $1 billion in fresh cash over the past three days, helping propel the leading cryptocurrency to nearly $73,000. 

Just on Wednesday, investors bought over $500 million worth of shares in the funds managed by BlackRock, Fidelity, and Grayscale, according to data from Farside Investors. 

Bitcoin’s price has surged this week, and on Thursday reached $72,659 before dropping slightly. It was recently priced at $72,606, a 10% 24-hour rise. Bitcoin is currently a little over 40% below its October record of $126,080. 

JUST IN: Bitcoin is now officially out of the "Fear" in the Fear & Greed Index pic.twitter.com/x3yWLQ8hpy

— Bitcoin Magazine (@BitcoinMagazine) August 20, 2026

President Trump on Wednesday held a meeting at the White House with crypto executives like Coinbase CEO Brian Armstrong, as well as regulators like Securities and Exchange Commission Chair Paul Atkins. 

At a press conference after, the president said that the Clarity Act was a “very, very powerful” piece of legislation and urged lawmakers to pass it. 

The crypto market structure bill was passed by the House of Representatives last year but has largely remained in deadlock this year. Some lawmakers were hoping for a vote in August but that will now go ahead in September. 

Crypto businesses have long called for clear rules in the industry; the Clarity Act aims to establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins. 

The lion’s share of this week’s investment has been taken in by BlackRock’s iShares Bitcoin Trust, which has received $588.5 million since Monday. 

Other funds, like Morgan Stanley’s Bitcoin Trust, also experienced significant trading action. The flurry of buying comes after investors last week cashed out over $385 million from the U.S. funds after tensions in the Middle East started to escalate again. The price then mostly remained flat, despite the ETF redemptions. 

Investors may be feeling bullish after the Treasury Department announcing on Wednesday that it would more than double the size of its government debt repurchases. 

Lower long-term yields reduces the opportunity cost of holding non-yielding assets like bitcoin and gold, and generally supports risk-on sentiment. Both soared as the dollar weakened following the announcement. 

This post Bitcoin ETFs Add Over $1B as Investor Sentiment Turns Bullish first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Coinbase CEO Brian Armstrong Says Bitcoin Will Likely Hit $400,000 By 2030 

Coinbase CEO Brian Armstrong has said that it’s “very likely” Bitcoin will hit between $300,000 to $400,000 by 2030. 

Speaking on Fox Business Network’s Varney & Co. show Thursday, the crypto entrepreneur also said that the U.S. was moving in the right direction with crypto legislation following a meeting at the White House. 

President Donald Trump on Wednesday hosted crypto executives and traditional finance bigwigs at the White House and urged for lawmakers to move forward with the Clarity Act. Bitcoin surged following the news and was recently up 10% over the past day after blowing past $72,000 per coin. 

JUST IN: Coinbase CEO Brian Armstrong tells FOX Business: "I think over the next couple of years, say 2030, I think it's very likely we'll see a $300,000 and $400,000 Bitcoin" pic.twitter.com/5Yn4YzShUR

— Bitcoin Magazine (@BitcoinMagazine) August 20, 2026

“I think over the next couple of years — if I say 2030 — I think it’s very likely we’ll see $300,000 and $400,000 Bitcoin and we’ll see how it goes,” Armstrong said. 

He added: “Just yesterday, we had this meeting with the president and the top regulators at the SEC and CFTC and that was the big topic of conversation — there was a big sense of urgency from this administration: let’s get Clarity done, let’s get it over the line.”

A number of lawmakers were hoping to vote on the Clarity Act in August but after a delay, a vote will now go ahead in September. 

The long-awaited bill will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for. 

Trump on Wednesday called for lawmakers to get the bill over the line, calling it a “very, very powerful” piece of legislation. 

The Clarity Act has been in deadlock for much of 2026 as the banking lobby clashed with crypto executives over the topic of stablecoin yield. Some banks warned that they could lose their deposit base if crypto companies pay their clients too generous rewards on the stablecoins they hold. 

But Armstrong shrugged off concerns banks may have, and said that a number of banks had praised the legislation. 

“There’s actually a number of banks who’ve come out and endorsed the Clarity Act,” he said. “Most banks recognize that it gives them new powers that allow them to grow their business with this new technology, which is great. There’s still a few holdout banks, I would say, that are against it.”

The above video and transcripts are courtesy of FOX Business Network’s Varney & Co.

This post Coinbase CEO Brian Armstrong Says Bitcoin Will Likely Hit $400,000 By 2030  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Rockets Past $72,000 After Trump Pushes For Clarity Act 

Bitcoin’s price surged further on Thursday, blowing past $72,000 the day after President Trump held a meeting with crypto executives and urged lawmakers to get the long-awaited Clarity Act over the line. 

The leading cryptocurrency was trading for $71,758 at 8am in New York, after jumping nearly 12% over a 24-hour period. It touched as high as $72,344 earlier in the day. 

Bitcoin was last trading this high at the beginning of June. The coin has spent most of July and August priced under $65,000. 

JUST IN: $72,066 Bitcoin! pic.twitter.com/g06u7ntlJR

— Bitcoin Magazine (@BitcoinMagazine) August 20, 2026

The surge comes after President Trump held a meeting at the White House with crypto bigwigs, including Kraken and Coinbase CEOs, where he said that getting the Clarity Act over the line would keep the U.S. ahead of China.  

“Now we need Congress to take the next step by passing the Clarity Act — a fair version of the Clarity Act — and this landmark structure legislation,” he said at a Wednesday press conference, and even hinted that the U.S. may be open to accumulating bitcoin. 

“It’s taken a lot of pressure off the dollar, it’s been very, very good for the dollar, and I think if [regulators] came in with recommendations, I would certainly listen,” Trump added when asked about adding to the Strategic Bitcoin Reserve. 

A number of lawmakers were hoping to vote on the Clarity Act in August but after a delay, a vote will now go ahead in September. 

The bill will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for. 

Bitcoin’s price has also benefited from the Treasury Department announcing on Wednesday that it would more than double the size of its government debt repurchases. 

Lower long-term yields reduces the opportunity cost of holding non-yielding assets like bitcoin and gold, and generally supports risk-on sentiment. Both soared as the dollar weakened following the announcement. 

Bitcoin’s price has suffered in 2026 despite notching a new all-time high of $126,080 in October. Geopolitical headwinds, including the U.S.-Iran war, rising oil prices and a Federal Reserve reluctant to lower interest rates have all weighed on the coin’s price. 

This post Bitcoin Rockets Past $72,000 After Trump Pushes For Clarity Act  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Shortsellers Get Destroyed With $1.7B in Positions Liquidated Following BTC Price Jump 

Daily liquidations of Bitcoin positions surged on Wednesday after the price of the leading digital asset flirted with $70,000. 

Over $1.7 billion in positions held by traders shorting the biggest cryptocurrency have been closed in the past 24 hours, according to Coinglass data. 

And the vast majority — $1.5 billion — of those positions were liquidated in the past four hours. 

Bitcoin on Wednesday morning traded briefly as high as $69,000 before dipping again. It was recently priced at $68,253 after jumping more than 5% over a 24-hour period. 

The price surge comes after bitcoin had largely been flat over the past 30 days. Analysts have pointed out that the coin’s volatility has been at record lows. 

Bitcoin has benefited — along with other “risk-on” assets — from news that the U.S. Treasury planned to more than double the size of its government debt repurchases. 

The announcement from Treasury Secretary Scott Bessent was aimed at taming yields, which had surged to levels not seen in nearly 20 years.

Lower long-term yields reduces the opportunity cost of holding non-yielding assets like bitcoin and gold, and generally supports risk-on sentiment. 

Bitcoin may have also benefited from investors expecting pro-crypto regulatory news: President Trump on Wednesday will hold a meeting with crypto and prediction market executives. 

Despite a vote on the long-awaited crypto Clarity Act getting delayed, regulators are keen to press forward with rules that the industry has long called for. 

On Tuesday, the Securities and Exchange Commission announced Tuesday a proposed framework for crypto asset offerings, pressing ahead despite the landmark legislation stalling. 

This post Bitcoin Shortsellers Get Destroyed With $1.7B in Positions Liquidated Following BTC Price Jump  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.