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Bitcoin crosses $80,000 for first timesince mid-May, gains 28% in August

Bitcoin crossed the threshold of eighty thousand dollars on Tuesday, marking a significant extension of its rally. The driving forces behind this surge include a weakening US dollar and optimistic policy forecasts that have spiked cryptocurrency interest. The movements came in re

Read full story on Times of India
TRISHA MAHAJAN25 Aug 2026, 05:57 amUpdated 6h ago1 min readIndiaIndia
Bitcoin crosses $80,000 for first time since mid-May, gains 28% in August

IndiaTRISHA MAHAJAN

Bitcoin crossed the threshold of eighty thousand dollars on Tuesday, marking a significant extension of its rally. The driving forces behind this surge include a weakening US dollar and optimistic policy forecasts that have spiked cryptocurrency interest. The movements came in response to Treasury Secretary Scott Bessent's actions in the bond market.

This report is published with credit to Times of India. The wire sent a summary; open the original for any extra context. Read on Times of India

Source: Times of India · TRISHA MAHAJAN. Published 25 Aug 2026, 05:57 am.

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