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
Arteris names Flavia Mattioli Tamega interim institutional relations and sustainability director
OpenTable Launches Expanded AI, Automation Tools for Restaurants
Comcast expands Xfinity, Comcast Business internet service to Deerfield, New Hampshire
BAE Systems wins USD 149.8 million US Navy contract to modernize USS Boxer