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Bitcoin Surges Near $80,000

Updated 2026-08-24 21:10 UTC 1 source Positive

Bitcoin is closing in on the $80,000 mark after a surge last week due to Treasury Department plans for longer-dated Treasurys. The cryptocurrency has outperformed stocks and gold over six months.

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MarketWatch

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.

2026-08-24 20:53 UTC