Bitcoin closed August 2025 with a 24.95% gain, rising from approximately $62,794 to $78,545, marking the first time in history it finished August in the green during a bear market. This surge was driven by a massive short squeeze with $12.65 billion in short liquidations over the month, including a single-day record of $2.7 billion on August 19. Whales accumulated 60,000 additional BTC while Bitcoin’s dominance surpassed 58% with a market cap of $1.56 trillion. CryptoQuant analysts consider Bitcoin to be back in an uptrend, though September has historically been unfavorable following positive July and August months.
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