Bitcoin News: ETF Demand and Short Covering Power August Rally

Bitcoin rose above $80,000 today, reaching more than a three-month high as softer U.S. dollar news revived momentum in the crypto sector. The cryptocurrency was last trading at $80,300 after touching $81,200. It had risen 16% since the prior week.The move has drawn attention to two forces behind th…

Aug 25, 2026 - 22:00
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Bitcoin News: ETF Demand and Short Covering Power August Rally
Bitcoin rose above $80,000 today, reaching more than a three-month high as softer U.S. dollar news revived momentum in the crypto sector. The cryptocurrency was last trading at $80,300 after touching $81,200. It had risen 16% since the prior week.The move has drawn attention to two forces behind th…

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