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The Economic Times

Business / The Economic Times

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How bitcoin and gold went from a slump to an MVP week in just a few days

Bitcoin had dropped from a January high of around $95,000 to below $60,000 at the end of June. Investors shied away from speculative assets earlier in the year and crypto supporters were concerned about the lack of movement on proposed regulation of the industry. On Friday, bitcoin rose above $77,000.

23 Aug 2026 10:03 am