Bitcoin rallied massively in the week ending Aug. 21, 2026, supported by growing institutional demand, expectations for improved liquidity and optimism about U.S. policy. The Aug. 24-28 calendar includes BOJ core CPI, South Korea’s August rate decision, the Jackson Hole meeting, U.S. employment, consumer-confidence, housing, inflation, GDP, oil-inventory and jobless-claims data, plus crypto network upgrades and token votes. Traders will assess whether the rally can continue, with PCE inflation especially important for interest-rate expectations. The earlier outlook said hot inflation, or weaker-than-expected GDP and labor data, could strengthen risk sentiment, while firmer data could pressure expectations for rate cuts.