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CryptoMediumUpdated×4•Originally published 25 August 2026•Updated 25 August 2026•
1 min read

Bitcoin Breaches $80,000 for First Time in Three Months Ahead of US PCE Data

Golden Bitcoin coin breaking through a red and white barrier with a US flag and financial charts behind it.

Key Facts

1Bitcoin hit a new intraday high exceeding $80,000 for the first time in over three months of trading.
2The price surge occurred just before the release of the important U.S. PCE inflation report.

In a move reflecting renewed momentum in the digital asset market, Bitcoin successfully breached the $80,000 threshold for the first time in over three months. This surge is part of a strong weekly rally, with the cryptocurrency hitting a new intraday high ahead of crucial U.S. economic data. According to reports, this breakout represents a significant technical milestone in the currency's recent upward trajectory.

This price action is closely linked to market anticipation of the U.S. Personal Consumption Expenditures (PCE) inflation report, the Fed's preferred inflation gauge. Core PCE is expected to rise 0.2% monthly and 3.3% annually. These movements coincide with robust inflows into Bitcoin ETFs, with BlackRock's IBIT fund recently attracting substantial investments.

Looking ahead, traders are monitoring support levels around $78,000 as a potential retest area in the event of a pullback.

Latest Updates · 1

  1. Notable·

    Update: Bitcoin extended its bullish momentum, surpassing the $81,000 threshold for the first time since January, further strengthening the current rally. This new breakout exceeds the levels recorded earlier in the week, amid sustained optimism in the digital asset market ahead of upcoming U.S. economic data.