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Bitcoin jumps 9% in a single day to cross $79K as institutional flows, regulatory optimism fuel crypto rally

Economic Times - Markets
Economic Times - Markets
Aug 21, 2026 Β· 2:47 PM
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Bitcoin jumps 9% in a single day to cross $79K as institutional flows, regulatory optimism fuel crypto rally
Bitcoin surged nearly 9% to cross $79,000 as institutional inflows, a sharp short squeeze and regulatory optimism fuelled a broader crypto rally. Ethereum also gained over 5%, while major altcoins rallied up to 17.48%. Analysts said the breakout marks a shift in momentum but cautioned investors to e…
Economic Times - Markets
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