BTC $79,774 (+2.73%) | August 25, 2026

BTC gained $2,140 from yesterday's $77,634 close to $79,774, a 2.73% advance.Mostly noise. Price climbed modestly within an already-extended rally and no institutional move today crossed the structural threshold. The week's real signal was last week's 24% surge; today's session is digestion, not direction.

Bitcoin climbed through $80,000 intraday before settling near $79,774, with 24-hour short liquidations exceeding $220 million per Cointelegraph.
Spot Bitcoin ETFs recorded their strongest weekly net inflow since October 2025, with $1.92 billion in genuine new money, running above the 30-day average daily flow per Decrypt.
Strive acquired 1,110 Bitcoin for $81.5 million, bringing total holdings to 21,356 BTC and making it the seventh-largest public company holder per The Block.
Strategy raised $2 billion through MSTR share sales and established a $1.59 billion USD cash pool, maintaining its Bitcoin holdings at 840,447 BTC without new purchases per Cointelegraph.
Bitcoin's 90-day correlation with the S&P 500 stands at 0.26, well below the 0.7 threshold where macro dominates, suggesting BTC is trading increasingly on its own monetary narrative rather than as pure tech-beta.

Market Snapshot

Market Cap

$1.60T

24h Volume

$52.72B

Dominance

59.1%

Macro Context

How Bitcoin fits into the macro picture

Bitcoin's 24% weekly advance tracked a dollar-weakening event driven by expanded Treasury bond buybacks, with Bitcoin and gold rising in tandem while the S&P 500 slipped 0.28% and the NASDAQ-100 fell 0.97% on Monday. The co-movement with gold, which gained 1.07% on the day, is notable given Bitcoin's 90-day correlation with gold stands at 0.54, its strongest cross-asset relationship in the current data set. Bitcoin's 90-day correlation with the S&P 500 is only 0.26, well below the 0.7 threshold where macro dominates, suggesting BTC is trading on a distinct monetary narrative rather than as an equity-market proxy. The key near-term macro event is Fed Chair Kevin Warsh's Jackson Hole address, with futures pricing a 36% probability of a September rate hike that would represent the clearest near-term headwind for risk-sensitive assets including Bitcoin.

Bitcoin's 90-day correlation with the S&P 500 is 0.26, while its correlation with gold is 0.54, a configuration that historically accompanies regimes where Bitcoin trades as a monetary asset rather than tech-beta.

BTC vs Everything

Asset	24h	YTD	BTC Edge
SPXS&P 500	-0.28%	+10.29%	-21.64%
QQQNASDAQ-100	-0.97%	+13.58%	-24.94%
XAUGold	+1.07%	+0.73%

Top Stories

MacrobullishDecrypt

Why the Bitcoin Rally Looks Like a Vote Against the Dollar

Bitcoin and gold rose together as the dollar weakened following expanded Treasury bond buybacks, with analysts framing the move as a fiscal-policy referendum rather than a risk-on rotation. When Bitcoin and gold advance in tandem while equities slip, it reinforces the thesis that this rally is drawing monetary-premium flows rather than pure speculative positioning. That distinction matters for durability: fiscal-deterioration-driven demand historically shows more staying power than short-squeeze mechanics alone.

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