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Bitcoin posts record $14,264 weekly gain, hitting $77,387 amid strong cycle forecast and ETF inflows.

Market News
24 Aug 2026
Crypto news
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Bullish
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Bitcoin surged by a record $14,264 last week to close at $77,387, marking a 22.7% weekly gain. This rally was driven by strong institutional demand, with U.S. spot Bitcoin ETFs seeing their highest weekly inflows since October 2025, totaling $1.92 billion. Strive CEO Matt Cole predicts the next Bitcoin cycle could be the strongest yet, supported by a weakening U.S. dollar, increased demand for scarce assets in an AI-driven economy, and Bitcoin's breakout against both the dollar and gold. Despite potential short-term retracements, Cole expects aggressive buying and a sustained bullish trend over the next 12 to 18 months.

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