Bitcoin rose $671 from yesterday's $77,928 to $78,599, a gain of roughly 0.9% on the day. The week closed essentially flat, down 1.4% over seven days, with price holding near the top of its 30-day range.A mixed session: signals cut both ways. Corporate treasuries added meaningful Bitcoin with Strategy returning after a two-month pause and Strive completing a $143 million purchase, but ETF flows came in negative at roughly 1.4 standard deviations below the 30-day average, and RSI at nearly 71 flags overbought conditions. No single signal dominates, and the macro backdrop is genuinely two-sided with rate hike fears and geopolitical resilience pulling in opposite directions.
Strategy resumed Bitcoin purchases for the first time since June, buying 4,603 BTC for $369.7 million at an average of $80,318, lifting total holdings to 845,050 BTC worth over $66 billion.
Strive completed a $143 million Bitcoin purchase at an average of $79,431 per coin, bringing its treasury to 23,156 BTC and making it the fifth-largest public corporate holder.
Bitcoin held above $78,000 as US strikes on Iran rattled equities and lifted crude, with the article noting August closed as BTC's best month since November 2024, up 24%.
September Fed rate hike probability sits at 58%, below the 90% some headlines suggested, but bond yields approaching a 20-year high remain a live macro headwind for the week ahead.
Network security is robust: hashrate at 925 EH/s and difficulty at 125.8 trillion remain near cycle highs, with fees low and the mempool manageable, reflecting healthy underlying infrastructure regardless of short-term price noise.
Market Snapshot
Market Cap
$1.58T
24h Volume
$29.46B
Dominance
59.2%
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