How bitcoin and gold went from a slump to an MVP week in just a few days

Bitcoin and gold shot higher this week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington. Bitcoin had dropped from a January high of around $95,000 to below $60,000 at the end of June. Investors shied away from speculative assets earlier in the year and crypto supporters were concerned about the lack of movement on proposed regulation of the industry [1].

Sources

1. click2houston.com · How bitcoin and gold went from a slump to an MVP week in just a few days Aug 22, 2026

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