Bitcoin is heading for a third consecutive weekly gain as traders seek refuge from volatility in equities, currencies and bond markets. The token is up 4.6% week to date, reached $82,272.31 overnight and last traded at $81,151.10. The overnight high was Bitcoin's strongest level since May 11, when it reached $82,499.99. After trading roughly between $60,000 and $70,000 since early June, Bitcoin broke above $70,000 in late August and continued higher as the debasement trade (moving from dollars into assets such as crypto or gold) regained momentum. Dominika Nestarcova, Goldman Sachs executive director of digital assets, attributed the renewed interest to higher planned purchases of longer-dated U.S. Treasuries, falling long-term yields, a weaker dollar and gains in Bitcoin and gold. Ether reached $2,545.62 on Friday, its highest level since August 27, while Solana climbed to about $105.70, its strongest price since August 31.