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BitcoinCrypto BitsJim Cramer
Aug 21, 2026
< 1min read
byJordan Lyanchev
forCryptoPotato
Bitcoin rallied about 25% from below $65,000 to near $80,000 earlier today, hitting its highest level in roughly three months. The article investigates drivers behind the rally and notes implications for crypto adoption, CEX/DEX trading flows, DeFi activity and token markets without committing to a single definitive cause.
See what traders are focused on
Bitcoin is on a roll, as we might have mentioned a few times in the past couple of days. But let’s recap quickly: BTC traded below $65,000 for weeks when all hell broke loose on Wednesday afternoon. Since then, the asset has skyrocketed by 25% and neared $80,000 earlier today for the first time in three months.
The obvious question on everyone’s mind is: Who is responsible for this spectacular rally? What’s the reason behind it? Well, after reviewing tons of online material, we have finally reached a definitive conclusion.
Source: cryptorank.io