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Bitcoin Flirts With $80,000 And Reaches Highest Since May

Bitcoin climbed nearly 9% from its intraday low as Treasury buybacks and $1.6 billion in ETF inflows fueled the rally.

Summary by Forbes
Bitcoin prices continued to rally on Friday, August 21, nearing the $80,000 level and reaching their loftiest valuation since May.

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The main cryptocurrency register one of its best weeks of 2026 and reached levels that have not been seen since May. The rebound was accompanied by a weakening of the d lar, changes in the US bond market and better expectations for the crypto sector.

The cryptocurrencies market recorded one of its most intense weeks of the last two years. Headed by a leap in Bitcoin’s listing that led it to cross the $80,000 barrier, the digital asset went from trading around $62,836 at the beginning of the climbing period to a peak of $79,306, representing a weekly increase of over 23 per cent and its highest level since May. The rise extended to the rest of the digital asset ecosystem. Ether advanced about…

Bitcoin closed its strongest week of 2026 with an advance of more than 25%, after reaching a maximum intraday on Friday of 79,500 dollars before moderated towards 77,700 dollars at closing. The jump marks an abrupt turn in the path of the token, which came from several months of low performance and [...] The Bitcoin entry chained its best week of the year, approaching $80,000 was first published in Information Focus.

The main cryptocurrency goes through its best week in more than two years and again exceeds US$77,000. The weakness of the dollar, the purchases of bonds announced by the U.S. Treasury and new favorable regulatory signals boosted the return of investors to the crypto market. Read more

·Buenos Aires, Argentina
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Forbes broke the news in Jersey City, United States on Friday, August 21, 2026.
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