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Bitcoin Soars to $79,271.70 in Biggest Three-Day Rally Since 2023

Guavy AI Editorial Team
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BTC
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Bitcoin surged to $79,271.70 on August 24, 2026, in what CNBC called the biggest three-day rally since 2023.

The Treasury buyback operation triggered a massive short squeeze, blowing up positions that had been betting bitcoin would stay below $67,000.

Rising bitcoin dominance alongside a flat total crypto market cap confirms this is a BTC-led rally rather than broad market euphoria.

On-chain data shows genuine activity, but the daily RSI at 82.45 sits deep in overbought territory, signaling that the move may be running ahead of its structural foundation.

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