Bitcoin Defies Pressure Above $79.0K After Nearly 25% August Rally

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August 31, 2026 · 10:11 PM

Bitcoin Defies Pressure Above $79.0K After Nearly 25% August Rally

TL;DR: Bitcoin recorded a cumulative gain of nearly 25% throughout the month of August. Spot trading volume surpassed $34 billion over the past 24 hours. Short position liquidations on major exchanges reached $180 million over the past week. The cryptocurrency market begins its monthly close as Bitcoin defies pressure above $79,020, consolidating a gain of ... Read more

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