Bitcoin (BTC) has extended its win streak to a third consecutive week as the cryptocurrency’s price topped $80,000 U.S. on Sept. 3.
Analysts say that Bitcoin and other cryptocurrencies such as Ethereum (ETH) continue to outperform as investors seek refuge from volatile stocks, currencies, and the bond market.
Heading into Friday (Sept. 4), Bitcoin’s price was up 4.6% for the week and hit a high of $82,272.31 U.S. in overnight trading.
That marks the highest level for Bitcoin since May 11 of this year when the price touched $82,499.99 U.S. Cryptocurrencies trade around the clock: 24 hours a day, seven days a week.
The three-week win streak is a major reversal for Bitcoin, which had been rangebound between $60,000 U.S. and $65,000 U.S. for several months.
BTC broke above $70,000 U.S. in late August and has climbed steadily higher amid a so-called “debasement trade,” which is when traders move away from the U.S. dollar and into assets such as gold and crypto.
Other cryptocurrencies also continue to rise, with Ethereum’s price hitting a multi-month high of $2,545.62 U.S. early on Sept. 4.
Solana (SOL), XRP (XRP), and Dogecoin (DOGE) also continue to rally amid a broad-based rise in digital assets. Dogecoin’s price gained 10% on Sept. 3 to trade at $0.09 U.S. per token.
Bitcoin last hit an all-time high of $126,000 U.S. in October 2025.
