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The Economic Times
The Economic Times
Kumar Gaurav

Bitcoin’s ‘Uptober’ test: Will August’s rebound turn into a lasting rally?

Bitcoin Ryan Lee United States US Federal Reserve ETF APAC Crypto

Bitcoin’s sharp recovery from its July lows has brought the cryptocurrency back into focus, with bulls looking to build on the momentum as the market heads into a historically stronger period for digital assets.

The flagship cryptocurrency recovered about 41% from its July 1 low of $57,747 to $81,235 on August 25, marking a solid turnaround after a period of weakness. Bitcoin was last seen around the $80,000 mark on May 13, 2026.

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