Bitcoin Storms Past $79K Before Hitting Resistance Near $80K
The price of bitcoin blasted past $79,000 around 9 a.m. EDT on Monday, August 24, 2026, as buyers kept their foot on the gas following last weeks blistering rally. Key TakeawaysBitcoin gained 24% in 7 days as ETF demand helped BTC punch above $79,000.Eric Balchunas said U.S. bitcoin ETFs pulled in nearly $2B last week.Bitcoin faces $79,406 resistance as the Feds September rate decision looms. Bitcoin Blasts Through $79,000 as Bulls Keep the Pedal Down Monday is shaping up as an extension of bitcoin‘s sharpest weekly run in quite some time, and right now, bitcoin’s daily RSI (relative strength index) is flashing deeply overbought conditions in the 79–82 range, while the moving average convergence divergence (MACD) remains firmly bullish, with its line well above the signal and a positive histogram around 1,500–3,400. Bitcoin punched out an intraday high of roughly $79,406 on Bitstamp before sellers finally pushed back. The leading crypto asset has climbed 2.5% against the greenback today and more than 24% over the last seven days. While bulls keep pressing, bitcoin trading volume remains moderate at $36.758 billion over the last 24 hours. Bitcoin futures open interest now stands at $57.57 billion, with CME and Binance commanding the biggest share. ETF Demand Pours