AI gold rush draws crypto firms away from Bitcoin
The price of Bitcoin has risen in August but is still far below its peak almost a year ago - and companies are refitting their mines.
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The price of Bitcoin has risen in August but is still far below its peak almost a year ago - and companies are refitting their mines.

Bitcoin and gold rose as the dollar weakened following expanded Treasury bond buybacks, reflecting concerns about U.S. fiscal policy, analysts say.

The company increased its Bitcoin holdings by 5.5%, but its Bitcoin per fully diluted share rose only about 1.4%.

The fund gives brokerage investors exposure to ZEC as Grayscale bets on demand for crypto assets beyond Bitcoin and Ethereum.
BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand.
BTC is up more than 25% on the week after Treasury’s bond-buyback expansion sparked a rally, while Solana led majors Tuesday as validators vote on proposals to
Traders are spending millions to position for further Bitcoin upside after its staggering rally to $80,000, though demand for downside protection remains firm,
Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a short
Bitcoin crossed $80,000 for the first time since May, extending its seven-day advance to roughly 25%.
Falling open interest and subdued funding rates suggest the rally remains structurally healthy.
Your day-ahead look for Aug. 25, 2026

Bitcoin ETFs have drawn $2.26 billion over six trading days, while year-to-date net outflows have narrowed to about $2.57 billion.

Galaxy Research’s latest tally shows that more than half of 221 Coldcard hack victim reports involved individual losses exceeding 1 Bitcoin.

Thailand’s SEC opened consultations on local Bitcoin and Ether ETF rules and qualification standards for foreign digital asset custodians.

Bitcoin price analysis eyes the potential end of its current macro downtrend based on weekly RSI signals.
Bitcoin crossed above $80,000 as U.S. stock futures pointed higher after a tech-led slide on Monday

Kevin Warsh gives his first Jackson Hole keynote as Fed chair on Friday, with futures now pricing a September rate hike at 36%.

The company has not bought Bitcoin since June, and has now created a liquidity account it said may be spent on more of it.

Bitcoin just closed its biggest weekly candle of all time in notional value, and 10 alt leaders put up 50%+ gains in massive crypto rebound.
Bessent’s bond-buyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold