Bitcoin rises above $80,000 as soft dollar, debasement fears boost momentum

Bitcoin rose above $80,000 to hit a more than three-month high on Tuesday as a soft U.S. dollar, in the wake of the moves by ​Treasury Secretary Scott Bessent to calm the bond market, revived momentum in the ‌crypto sector.

Reuters • an hour ago

Bitcoin has beaten stocks and gold over six months. Now it's closing in on $80,000.

Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department's plans to buy back longer-dated Treasurys.

Market Watch • 9 hours ago

Bitcoin jumps 3%, closing in on $80,000 as rally gathers pace

Bitcoin closed in on the $80,000 mark, as renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency's recent rally. The latest move extends a sharp rally that began last week, when bitcoin surged more than 20% in three days.

CNBC • 3 hours ago

Bitcoin comeback sparked in part by AI rotation, says Miller Value Partners' Miller

Bill Miller IV, chief investment officer and chairman at Miller Value Partners, joins 'Closing Bell' to discuss the causes in Bitcoin's recent uptick and more.

CNBC Television • 7 hours ago

Scott Bessent Might Have Started The Bitcoin Bull Cycle

Bitcoin sentiment has shifted bullish, driven by recent U.S. Treasury interventions and regulatory clarity from the White House. The Treasury's increased bond buybacks and willingness to control yields signal a macro shift favoring scarce assets like BTC. White House discussions clarified Bitcoin's commodity status, reducing regulatory risk and encouraging institutional adoption.

Seeking Alpha • Aug 23, 2026

Why an announcement from the Treasury sparked a rally in gold and bitcoin this week

Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.

Market Watch • Aug 22, 2026

Bitcoin on track for 20% weekly gain as investor optimism floods back

Bitcoin rose above $75,000 early Friday and is on track for a weekly gain of 20%. The rally began Wednesday when Treasury yields pulled back sharply following Bessent's intervention in the bond market.

CNBC • Aug 21, 2026

Kalshi traders think the bitcoin rally could end the year near current levels

Bitcoin has rallied ferociously this week after the U.S. Treasury intervened to stop a sell-off in bonds and industry leaders and regulators rallied at the White House to put pressure on Congress to approve the Clarity Act market structure proposal. But traders on prediction market platform Kalshi think that the cryptocurrency likely will end the year near current levels, doubting the coin's rally will go much higher or last.

CNBC • Aug 21, 2026

Bitcoin's best week since 2023: Here's what you need to know

CNBC's Tanaya Macheel reports on historic high for Bitcoin, renewed demand for Bitcoin ETFs and the push for the CLARITY Act from the White House and crypto leaders.

CNBC Television • Aug 21, 2026

Ray Dalio says Bessent move is sign that a debt crisis is getting closer; recommends gold and bitcoin

Billionaire investor Ray Dalio said the the debt buyback announcement this week fits into a larger pattern that could signal a looming debt crisis. Dalio recommended investors look to gold and bitcoin.

CNBC • Aug 21, 2026