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Event Brief

Bitcoin crosses $80,000 as it outperforms stocks, gold

Bitcoin hovered around the $80,000 level Tuesday after surging last week. The rise followed Treasury Department plans to double its buyback of longer-dated Treasurys, helping bitcoin beat stocks and gold over the prior six months.
WHO: Bitcoin market
WHAT: Bitcoin hovered around the $80,000 level after a surge tied to Treasury buyback plans.
WHEN: Aug 25, 2026
WHERE: Location not specified
WHY: The surge followed Treasury Department plans to double its buyback of longer-dated Treasurys.
Sources (2): CNBC Top News, MarketWatch

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