Bitcoin Slips Below $80K as Gold and Yields Fall

Bitcoin dipped below $80,000 on August 25 after briefly touching $81,237, its highest price since mid-May. The pullback came in lockstep with gold retreating from a three-month peak near $4,677 per ounce, as falling US bond yields sent mixed signals to investors.

The catalyst behind the yield decline traces back to August 19, when the US Treasury said it would at least double its liquidity-support buybacks of long-dated bonds. The program jumps from $2 billion to a minimum of $4 billion per operation, effective September 9.

Bitcoin's all-time high sits at approximately $126,000, reached in October 2025. At current levels around $80,300, the price is roughly 36% below that record.