Cryptocurrency Roundup: Bitcoin Holds Steady As Currency Debasement Fears Drive Investors Toward Crypto And Gold
Bitcoin and Ethereum have maintained the bulk of their late-August gains as renewed institutional demand through exchange-traded funds and a growing narrative around currency deba…
Bitcoin and Ethereum have maintained the bulk of their late-August gains as renewed institutional demand through exchange-traded funds and a growing narrative around currency debasement continue to underpin sentiment across digital asset markets. Bitcoin was trading around US$78,600 at the end of the week, while Ethereum held near US$2,470. August delivered a 26 per cent return for Bitcoin, making it the fourth-strongest August on record and the largest monthly gain since November 2024. Ethereum fared even better, rising 34 per cent over the month for its strongest result since July 2025. The relatively calm price action follows a sharp rebound
Source: https://smbtech.au/news/cryptocurrency-roundup-bitcoin-holds-steady-as-currency-debasement-fears-drive-investors-toward-crypto-and-gold/