Bitcoin surges over 25 dollars

Bitcoin is on course for its best week in more than three years amid investor fears that U.S. Treasury secretary Scott Bessent’s intervention in the bond market will continue to weigh on the dollar.

The world's largest cryptocurrency touched an intraday high of $79,500 on Friday, its best level in months, before easing to around $77,700 at the time of writing, leaving it up more than 25% since Monday.

As of 10:39 a.m. Moscow time, bitcoin was up 10.04% at $76,546. By 10:58 a.m. Moscow time, the cryptocurrency had slowed its gains to $76,358 (+9.51%).

The rally caps one of Bitcoin's most dramatic weeks in years, following a stretch in which the token had lagged well behind its 2025 highs for much of 2026.

For six straight weeks, Bitcoin had been stuck grinding between $62,000 and $66,000, having fallen over 50% from the all-time high of around $126,000 it reached last year in October, to the low of roughly $57,600 it hit early in July of this year.