homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

August 25, 2026

How bitcoin and gold went from a slump to an MVP week in just a few days

By MICHELLE CHAPMAN
AP Business Writer

Bitcoin and gold shot higher last week, with both getting a boost from some frantic action surrounding the bond market, and the cryptocurrency also benefiting from activity in Washington.

Bitcoin had dropped from a January high of around $95,000 to below $60,000 at the end of June. Investors shied away from speculative assets earlier in the year and crypto supporters were concerned about the lack of movement on proposed regulation of the industry. On Friday, bitcoin rose above $77,000.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.