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Bitcoin surges nearly 25 percent in August, but watch for historically weak September

Bitcoin rose nearly 25 percent in August and climbed above its 50-month moving average for the first time since last year’s crypto winter began. It traded around $77,500 on Sept. 1, down about 1.3 percent on the day. Markets are watching seasonal September weakness, interest-rate risks and resistance near $82,500. Technical indicators are mixed, and long-term trend confirmation remains limited despite improving flows and regulatory developments.