Bitcoin climbed to highs of $85,111 on Monday, up 5.7% over 24 hours and clear of a resistance band it had tested for a week, per CoinGecko data.

In one week Bitcoin absorbed a Federal Reserve rate hike, a Bank of Japan hike to a 31-year high, and the Senate’s rejection of the Clarity Act, and at no point traded meaningfully below $75,000, Nexo analyst Iliya Kalchev told Decrypt.

BitcoinBTC · USD

$85,027+9.43%

24H7D1M1YYTD

Sep 14Sep 16Sep 18Sep 19Sep 21

$85.0k$81.8k$78.6k$75.5k

24h HighHigh$85,046

24h LowLowSource link

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