Crypto news report · source clearly identified

Bitcoin Achieves Record Weekly Dollar Gain, CEO Forecasts Strongest Cycle Yet

The CEO of Strive predicts the upcoming Bitcoin cycle will be the strongest ever, pointing to its recent record weekly gain against the dollar and its performance relative to gold.

Bitcoin posted its largest weekly gain in dollar terms, marking a historic milestone for the cryptocurrency.

Record Weekly Performance

The digital asset surged more than any previous week when measured against the U.S. dollar, underscoring renewed investor interest.

CEO Outlook on Future Cycle

Strive’s chief executive stated that the next Bitcoin cycle is likely to be the strongest in history. The prediction is based on Bitcoin’s robust performance not only against the dollar but also in comparison with gold.

Implications for Market Participants

Analysts note that such a strong relative performance could attract further capital inflows, especially from investors seeking alternatives to traditional stores of value.

Source & attribution

News Source

Publisher
The Block
Original date
August 24, 2026, 3:52 AM
Original headline
Bitcoin records largest weekly dollar gain in history; Strive CEO predicts ‘strongest’ cycle ever
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