Wednesday, 26 August 2026 · Europe
EUR/USD 1.166 EUR/GBP 0.8555 EUR/CHF 0.9361 EUR/PLN 4.306 All rates →
Sign in · Join
EUROPES The European Report
European Edition Wednesday, 26 August 2026
LATEST
Economy & Money

Bitcoin surges over 25% as shorts get squeezed and Washington leans into crypto

Bitcoin surges over 25% as shorts get squeezed and Washington leans into crypto
Business | Euronews RSS

Bitcoin has stormed back from a months-long downtrend, tearing through $79,500 on Friday as a wave of short covering collided with a US Treasury liquidity push and a fresh White House embrace of the crypto industry.

This story was reported by Business | Euronews RSS. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

Read full coverage at Business | Euronews RSS →

More from Economy & Money