Bitcoin Records Largest Weekly Dollar Gain in History
Bitcoin posted its biggest weekly dollar gain on record last week, rising $14,775, while recording its strongest weekly percentage gain since March 2023.
- Bitcoin recorded its largest weekly dollar gain ever, rising $14,775.
- The cryptocurrency climbed 23.5% from Aug. 17 to Aug. 23.
- It marked Bitcoin’s biggest weekly percentage gain since March 2023, according to Galaxy Research.
Bitcoin posted its largest weekly dollar gain on record during the week of Aug. 17 to Aug. 23, according to Galaxy Research.
The cryptocurrency climbed from $62,818 to $77,593, delivering a $14,775 weekly increase—the biggest dollar gain in Bitcoin’s history. The sharp rally reflects renewed buying interest as institutional demand and positive market sentiment continued to support higher prices.
The milestone highlights the scale of Bitcoin’s latest advance compared with previous market cycles.
Strongest Percentage Gain Since March 2023
In percentage terms, Bitcoin gained 23.5% over the same period.
According to Galaxy Research, the move ranks as Bitcoin’s 41st-largest weekly percentage gain of all time, while also marking the strongest weekly percentage increase since March 2023. Although the percentage gain was not a record, it underscores the strength of the latest rally after months of relatively subdued price action.
The performance reflects a notable improvement in market momentum.
Momentum Draws Investor Attention
The latest Bitcoin weekly gain reinforces growing optimism across the cryptocurrency market.
Record dollar gains and the strongest weekly percentage advance in more than three years suggest renewed investor confidence. Market participants will continue monitoring institutional inflows, spot demand, and macroeconomic developments to determine whether Bitcoin can sustain its upward momentum in the weeks ahead.
