Bitcoin hits $80,000 for the first time since May as crypto recovery accelerates — Live Feedhttps://www.live-feeds.com/feed/bitcoin-hits-80-000-for-the-first-time-since-may-as-crypto-recovery-acceleratesContinuously updated, source-cited coverage. Bitcoin Surpasses $80,000 for First Time Since Mayhttps://www.live-feeds.com/feed/bitcoin-hits-80-000-for-the-first-time-since-may-as-crypto-recovery-accelerateshttps://www.live-feeds.com/feed/bitcoin-hits-80-000-for-the-first-time-since-may-as-crypto-recovery-accelerates#u48965Wed, 26 Aug 2026 08:30:18 +0000Bitcoin rose above $80,000 on August 25, 2026, marking its highest price point in 16 weeks. The cryptocurrency briefly touched $81,000 during a rally that saw gains of over 22% within a single week. Market momentum is driven by a combination of institutional interest, strong ETF inflows, a sustained short squeeze, and investor concerns regarding currency debasement and a soft dollar. Analysts identify a daily resistance level at $82,689 as the next target for bullish momentum.Why it mattersThis recovery follows a period of decline that began in mid-May. The current surge reflects a broader inc