Bitcoin posted its largest weekly dollar gain on record ($14,775) and biggest weekly percentage gain since March 2023 (23.5%), rising from $62,818 to $77,593 in the week of Aug. 17–23.
Macro & Markets ·
Bitcoin achieved a weekly gain of $14,775 in the period from August 17 to 23, marking the largest dollar increase for any single week in the asset's history, according to Galaxy Research. The price moved from $62,818 to $77,593 over that span, representing a 23.5% percentage gain—the strongest weekly advance since March 2023, though ranking 41st among all weekly percentage moves on record.
The move underscores Bitcoin's volatility and the scale of shifts possible within a single trading week. The dollar magnitude reflects both the asset's current price level and the strength of buying pressure during the period, while the percentage gain situates the move as notable but not unprecedented in historical terms.
Open questions include what drove the rally during that specific week and whether the momentum has sustained or reversed in the weeks following the August 23 close.