Bitcoin Rises Above $81,000 as Scaramucci Calls Debt Warning an Ad

  • Bitcoin reached $81,332 intraday, while a separate Thursday report cited $81,282, with the cryptocurrency up nearly 3% in 24 hours.
  • MicroStrategy gained more than 13%, Coinbase rose 11%, and HIVE Digital, MARA Holdings and CleanSpark also advanced.
  • Scaramucci linked G20 debt concerns to Bitcoin’s monetary thesis, while Bessent advocated stronger growth and did not endorse Bitcoin.

Bitcoin reached an intraday high of $81,332, according to CoinGecko, while a Thursday report cited the cryptocurrency at $81,282, up nearly 3% over 24 hours. Bitcoin has gained more than 23% in 30 days amid positive regulatory developments and U.S. Treasury announcements on debt buybacks. Anthony Scaramucci, founder of SkyBridge Capital and a longtime Bitcoin advocate, said U.S. Treasury Secretary Scott Bessent’s warning that the world is "awash in debt" unintentionally supported Bitcoin’s investment case. Bessent was not endorsing Bitcoin; at the G20 Finance Ministers and Central Bank Governors Meeting in Asheville, North Carolina, on Aug. 31 and Sept. 1, he argued that stronger growth was needed to manage debt accumulated since the 2008 financial crisis. Crypto-related stocks outperformed Bitcoin, led by MicroStrategy, Coinbase and mining companies including HIVE Digital, MARA Holdings and CleanSpark.

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