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