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Bitcoin Price Returns To $80,000 For First Time In 100 Days

Bitcoin’s move triggered more than $220 million in short liquidations as analysts said it must hold above $80,000 to weaken bear-market arguments.

Summary by Cointelegraph
Bitcoin revists the $80,000 mark for the first time since mid-May as bullish momentum continued with the new TradFi trading week.

7 Articles

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On Monday evening, Bitcoin has risen over the $80,000 mark for the first time since May.

·Zürich, Switzerland
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Bitcoin still has to cross a key level to confirm the end of its downside market. According to Galaxy Research, the resumption of the 50-week moving average, located around 82,470 dollars, is historically one of the most reliable signals of a sustainable turnaround. The article If Bitcoin exceeds 82,470$, the bear market would be finished, according to Galaxy Research appeared first on Cryptoast.

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Cryptoast broke the news on Sunday, August 23, 2026.
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