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Multiple August 26 spot and reference quotes sit above the cutoff, so bitcoin at or above $78,250 on August 26 is likely.
Independent spot and benchmark readings on August 26 cluster near $79,000, above the required level, and futures point to a similar price. Recent investment inflows and falling Treasury yields support demand. The main uncertainty is unusually sharp volatility: bitcoin has already traded below the cutoff intraday, while stretched momentum and scheduled economic releases leave room for another abrupt reversal.
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