Bitcoin rose toward a third consecutive winning week, reaching $82,272.31 overnight before easing to $81,151.10, its highest level in nearly four months. The token last traded at a comparable level on May 11, when it reached $82,499.99, and is up 4.6% for the week. The advance reflects a revival of the debasement trade, a strategy of moving from weakening currencies into assets such as cryptocurrency and gold. Goldman Sachs executive director of digital assets Dominika Nestarcova said the late-August breakout followed plans by the U.S. Treasury to increase purchases of longer-dated Treasuries, alongside falling long-term yields, a weaker dollar and gains in Bitcoin and gold. Ether reached $2,545.62, its highest price since August 27, while Solana rose to roughly $105.70, a level last seen on August 31.