Bitcoin sees its largest increase in three years, poised to test $80,000
2026-08-24 17:43:28
According to CoinMeta, the crypto market has experienced the strongest activity in the past three years surge. In particular, Bitcoin has risen by more than 23% within a week, successfully breaking through the psychological barrier of $77,500 and remaining above important moving averages. This rebound has changed the gloomy outlook for the first two quarters of 2026, restoring optimism in the market. Although the first half of the year was extremely challenging for investors, the modest growth in July turned into a real explosion in August. Currently, the return rate at the beginning of August has reached an astonishing 22.7%. Technical analysts have begun to discuss the complete end of the bear market phase, with well-known experts Doctor Profit pointing out that the price trend has completely shifted in favor of buyers.
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Source:U.Today
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