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Bitcoin Fights Back from $77K as Bulls Eye $80K Breakout

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Bitcoin's price dropped to $77,024 on Monday following reports of military clashes between U.S. and Iranian forces.

The cryptocurrency quickly recovered and consolidated near $78,600, with some analysts expecting Fed policy and global liquidity to shape the crypto market in late 2026.

Bitcoin's August gains are nearing 25%, making it one of its best performances this year.

As of Monday afternoon, the price hovered just below $78,600, reflecting a 0.6% decline from its intraday high.

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