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Crypto Market Surges Past $2.7 Trillion on US Treasury Policy Shifts

Guavy AI Editorial Team
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BTC ZEC
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The cryptocurrency market staged a strong recovery in August 2026, adding approximately $500 billion to reach an aggregate valuation above $2.7 trillion.

The primary catalyst was macroeconomic policy, specifically, the U.S. Treasury's decision to double bond buybacks alongside supportive comments from Treasury Secretary Scott Bessent.

Bitcoin rose nearly 25% to breach $81,000, while Zcash outpaced all major coins with an 82% surge.

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