Bitcoin has gained 16% to 22% over the past six months, nearly doubling the S&P 500’s returns and significantly outperforming gold, which fell approximately 11%. As of August 2026, the cryptocurrency is trading between $76,000 and $79,000, approaching the psychologically significant $80,000 level. After peaking near $98,000 in January 2026, Bitcoin experienced a notable correction before recovering. On Polymarket, the odds of Bitcoin reaching $80,000 by December 31, 2026, stand at 57%.
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