15:42 - 21.08.2026

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August 21, Fineko/abc.az. The cryptocurrency market has experienced a sharp surge, with Bitcoin surpassing $79,000 to reach its highest level since May. Driven by a wave of positive news, the cryptocurrency climbed from the $60,000 mark to over $79,000 in just a few trading sessions.

The main catalyst behind the rally stems from key signals out of the United States. Statements by US President Donald Trump during a meeting with crypto industry leaders regarding regulatory clarity and potential state purchases of Bitcoin provided strong market momentum. Furthermore, the US Department of the Treasury's decision to expand buybacks of long-term government bonds served as another major factor driving Bitcoin's price upward.