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Record high in sight? Decoding Bitcoin’s 24% rally in a month & outlook | Markets News


Bitcoin is catching its breath after a dramatic crash of more than 50 per cent from its record high of $126,272 touched in October 2025. According to CoinMarketCap data, Bitcoin has surged as such as 24 per cent in the past month. From the July 2026 low of around 57,800, Bitcoin is now up 38 per cent.

 

Bitcoin rally 

 

Experts said that the recent Bitcoin rally is driven primarily by the US Treasury’s debt buyback plan and the White House crypto summit wherein President Donald Trump hosted crypto and digital assets leaders to discuss the Clarity Act.

 

This, experts said, has added fresh optimism regarding a more supportive regulatory environment in America, and they see the current leg of the rally continuing with Bitcoin making attempts to test its record high levels by the end of 2026.

  

Regulation Crypto Assets

 

Rajagopal Menon, vice president, WazirX, said that the US Securities and Exchange Commission’s (SEC) ‘Regulation Crypto Assets’ — a proposed regulatory framework has reinforced the industry’s intent to regulate crypto and facilitate adoption.

 

“Regulation improved sentiment, liquidity supported the move, and short covering accelerated it,” Menon said.

 

Spot Bitcoin ETFs also saw massive inflows in August. According to SoSoValue data, a total net inflow of $307.45 million was recorded in the third week of August.

 

Institutional participation on the rise 

 

Balaji Srihari, VP, business, India, CoinSwitch, said that growing institutional participation has strengthened Bitcoin’s market structure, but macroeconomic shocks and sharp corrections remain key risks. 

 

Bitcoin outlook 

 

On the crypto market’s outlook, experts said that Bitcoin remains the strongest core crypto asset, but the path ahead is unlikely to be linear. Bitcoin can challenge its October 2025 record by the end of 2026, but that would require softer inflation, lower Treasury yields and sustained institutional inflows. 

 

“Institutional participation, improving spot ETF flows and greater regulatory clarity continue to strengthen Bitcoin’s long-term proposition,” Menon said.

 

For investors, the current market calls for measured allocation. In the near term, experts said that traders should watch support around $77,000–$78,000 and resistance near $80,000–$80,500. A convincing breakout can open the path towards $85,000 and subsequently $90,000.  

Disclaimer: View and outlook shared belong to the respective brokerages/analysts and are not endorsed by Business Standard. Readers’ discretion is advised.

  



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