Weekly Wrap: Bitcoin’s Win Streak Continues

Bitcoin (CRYPTO: $BTC) continued its three-week winning streak in September as its price hovered near $80,000 U.S. on September 4th. The cryptocurrency and others like Ethereum (CRYPTO: $ETH) outperformed the broader market as investors sought safety from volatile stocks and a shaky bond market. Bitcoin's price surged 5% over the past week, reaching a high of $82,272.31 U.S. on September 3rd, its highest level since May 11th when it hit $82,499.99.

Other cryptocurrencies, including Ethereum, also saw a rally, with Ethereum's price hitting a multi-month high of $2,545.62 U.S. on September 4th. Smaller cryptocurrencies and meme coins like Dogecoin (CRYPTO: $DOGE) also saw gains, with its price increasing 10% on September 3rd to $0.09 U.S. per token. Bitcoin's last record high was just over $126,000 U.S. on October 6th, 2025.

MEXC launched Earn Plus with a limited-time event offering up to 800% APR. Kalshi expanded internationally with an Alpaca brokerage partnership, and Bitmine accelerated Ethereum purchases to close out August. Strategy bought $370 million of Bitcoin last week, acquiring 4,603 Bitcoins at an average price of $80,318 U.S. Coinbase and Webull joined forces in Canada, allowing Webull Canada to trade digital assets like Bitcoin without leaving the platform.

Anthropic acquired computing power from Hut 8's Texas data center facility, and Polymarket raised $1 billion in its latest funding round. Bitcoin ETFs saw the biggest inflow since January, with $730.9 million U.S. of net inflows on September 3rd, led by BlackRock's iShares Bitcoin Trust. Bitcoin's correlation with gold reached a six-year high, moving closer together amid rising bond yields and market volatility.