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Weekly Wrap: The Crypto Rally Continues

Weekly Wrap: The Crypto Rally Continues

Bitcoin (CRYPTO: $BTC) managed to eke out a small 3% gain over the past week despite plenty of volatility in financial markets. Crypto, and the broader stock market, were roiled in recent days as yields on U.S. Treasurys hit their highest levels in 20 years. However, Bitcoin has managed to keep the rally that began at the end of August going.

BTC was trading at just under $84,000 U.S. late on Sept. 25. Since the end of August, Bitcoin’s price has risen 30%. Other digital assets were also in the green to end the week, with Ethereum (CRYPTO: $ETH) and Solana (CRYPTO: $SOL) each up about 2% over the previous 24 hours. Analysts say Bitcoin needs to remain above $80,000 U.S. for a sustained bull run to continue.

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