Browsing: Jumps

Bitcoin broke above $70,000 on Thursday, August 20, for the first time in more than two months, jumping 11.4 percent on the day to about $71,920, according to crypto.news. The day’s trading range ran from $64,323 to $71,747, on volume of around $60.46 billion, marking the coin’s highest price level since June 1.

As of August 20, 2026, Bitcoin today trades near $72,736 — firmly above the $70,000 mark it last touched in June. A sharp, news-driven repricing fueled by legislative momentum and a friendlier rate environment has pushed $BTC into overbought territory, raising questions about the rally’s sustainability.

Bitcoin surged Friday on optimism over US cryptocurrency legislation and the US Treasury’s surprise move to buy back more of its own bonds, which fueled a shift to riskier assets.

XRP price surged more than 25% early Thursday, reaching an intraday high of $1.245 as the broader cryptocurrency market rallied and Bitcoin climbed above $72,000. The sharp move follows months of steady XRP whale accumulation and renewed activity across spot and derivatives markets.