Post-August Rally: Bitcoin Consolidates as Whales Rotate to Altcoins

Bitcoin's +25% August return marks its third-best August in history, defying the typical summer slump and setting the stage for a market now consolidating at $77,249.

Money Moves

• Bitcoin's August Surge: The cryptocurrency delivered 25% returns last month, its third-best August ever behind only 2017 (+65.6%) and 2013 (+30.7%), according to Bitwise's André Dragosch.
• Consolidation at $77K: After rallying above $81,000, Bitcoin is now trading...