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Bitcoin (BTC) Tops $80K as Schwab Flags 'Debasement Trade'

COINOTAG·August 26, 2026·1 min read
Bitcoin (BTC) Tops $80K as Schwab Flags 'Debasement Trade'

Bitcoin (BTC) surpassed $80,000 for the first time in months, reaching a high near $81,000 before settling around $78,400. Schwab flagged the move as a 'debasement trade,' suggesting investors are seeking protection against currency devaluation. The rally reflects growing demand for BTC as a hedge amid economic uncertainty.

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