Bitcoin Surges 5% In 1 Day, Tests $82,000 Again
Bitcoin (BTC) is making another attempt at hitting $82,000. CoinGecko data shows that BTC has surged nearly 5% in the last 24 hours and the last week, and more than 17% over the last month. This marks BTC’s third attempt at breaching $82,000 since late August 2026. Let’s discuss what’s pushing Bitcoin’s (BTC) price rally today and if the asset will be successful at reclaiming $82,000. What’s Behind Bitcoin’s Latest Price Rally? Source: WatcherGuru Bitcoin’s (BTC) latest upswing is rather perplexing. The rally comes days after the Federal Reserve raised interest rates by 25 basis points, a bearish development for high-risk assets. The surge also comes on the heels of the CLARITY Act failing to pass the US Senate. Both bearish developments seem to have had no lasting impact on the cryptocurrency market. Bitcoin (BTC) saw a price surge in late August after the US Treasury announced that it would increase bond buy backs. The increased liquidity had ...