Bitcoin Just Exploded 40% From Its July Low — Is $100,000 Back on the Table?

Markets have spent much of 2026 wrestling with inflation, higher-for-longer interest rates, trade uncertainty, and a bond market that refuses to behave like the safe harbor investors once took for granted. Against that backdrop, Bitcoin (CRYPTO:BTC) has quietly staged one…

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Markets have spent much of 2026 wrestling with inflation, higher-for-longer interest rates, trade uncertainty, and a bond market that refuses to behave like the safe harbor investors once took for granted. Against that backdrop, Bitcoin (CRYPTO:BTC) has quietly staged one of the year’s sharper recoveries. 

After falling to an intraday low of about $57,748 on July 1, Bitcoin climbed above $80,000 last week before slipping back to roughly $79,710 on Friday. That’s a gain of about 38% from the July low. The move matters because it has put $100,000 back within striking distance — but the path there is hardly guaranteed.

Bitcoin Has Reclaimed Its Momentum

Bitcoin’s recovery has been broad enough to change the conversation around crypto. From July 1 through Friday, Bitcoin gained roughly $22,000, while Ethereum (CRYPTO:ETH) climbed about 56% to approximately $2,460 over the same period. Bitcoin gained about 25% in August alone.