Bitcoin Posts Historic Weekly Gain — But Outlets Can’t Agree How Big, or What Record Fell

Bitcoin had a big week. How big, and what kind of record it set, depends entirely on which outlet you read.

Bloomberg reported the cryptocurrency advanced almost 20% over the week, a move it described as bitcoin’s biggest weekly increase since March 2024. CNBC, covering the same stretch, put the weekly gain at 22% and said it followed what it called a run of positive developments. The Block, in its headline, went further, stating bitcoin recorded its largest weekly dollar gain in history — not a percentage claim at all, but a dollar-terms one.

Where the outlets agree, and where they don’t

All three outlets agree on the basic shape of the story: bitcoin moved sharply higher over a single week. Beyond that, the accounts diverge.

• The size of the move: Bloomberg’s near-20% figure and CNBC’s 22% figure do not match. Neither outlet’s reporting, as available to us, explains the gap — it may reflect different measurement windows, different price sources, or simply different reporting cutoffs.
• What kind of record was set: Bloomberg frames the move as a two-year high for weekly percentage gains, explicitly not an all-time record. The Block’s headline claims an all-time record — but in dollar terms, not percentage terms. Neither outlet’s own reporting draws the distinction between those two kinds of records for readers. Working through it ourselves: a fixed percentage move produces a larger absolute dollar figure at a higher price level than the same percentage move would have produced years ago, so a record measured in dollars becomes easier to hit purely as bitcoin’s price rises over time. That is our inference, not a claim either outlet makes, and it does not confirm that The Block’s specific dollar-gain figure is accurate — only that a dollar record and a percentage record are not automatically contradictory.
• CNBC alone reports the 22% figure and its framing around unspecified positive developments; the substance of those developments is not detailed in the material available to us.

The Strive CEO prediction

The Block’s headline attributes to the Strive CEO a forecast that the next bitcoin cycle will be the strongest ever, tied to bitcoin’s performance against the dollar and gold. We hold only The Block’s headline and a brief summary line, not the full article text, so the reasoning, data, and any direct quotation behind that prediction remain unverified here. No other outlet in this evidence set references the Strive CEO or the cycle prediction.

What remains unresolved

Three questions stand out. First, which weekly percentage figure — Bloomberg’s near-20% or CNBC’s 22% — better reflects what actually happened, and why they diverge. Second, whether The Block’s dollar-gain record claim holds up against scrutiny, since it measures something different from the percentage figures Bloomberg and CNBC report. Third, the full substance of the Strive CEO’s cycle prediction, which currently rests on a single outlet’s headline rather than confirmed reporting.

What to watch

Readers should watch for a reconciled weekly percentage figure once outlets fully close out the trading week, for the complete text and sourcing of the Strive CEO’s remarks, and for whether other newsrooms independently confirm or dispute The Block’s dollar-gain record claim.

Sources

Every fact above is attributed to one of these reports. Where they disagree, the article says so.

• The Block (headline only)
• Bloomberg (reported; full article not available to us)
• CNBC (reported; full article not available to us)