Archive · 25 Aug 2026

Bitcoin Surges Past $80,000 Amid Treasury and ETF Demand

Bitcoin Surges Past $80,000 Amid Treasury and ETF Demand

Bitcoin rose above $80,000.

This was its highest price since mid-May.

The article says it gained about 23% in one week and 28% in August.

One reason may be a plan by the US Treasury to buy back some bonds.

People are also discussing whether money from another government account could be used for a bigger buyback.

Some traders who bet that Bitcoin would fall had their positions closed, which may have pushed the price higher.

Investment funds called spot Bitcoin ETFs brought in nearly $2 billion in one week.

However, Bitcoin is still below its October peak of about $126,000.

This means the move is a strong recovery rather than a new record.

Sources