
markets·22d ago
Treasury buyback tweak aids bitcoin's 25% surge to near $80K
A Treasury buyback adjustment eased long-term yields, fueling a bitcoin short squeeze and a 25% rally to near $80,000.
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Original coverage across the crypto market, updated daily.

A Treasury buyback adjustment eased long-term yields, fueling a bitcoin short squeeze and a 25% rally to near $80,000.

BitMEX co-founder says he needs to see a $60 billion FIMA repo balance before increasing exposure to risk assets.
Bitcoin hovers near $62,000 as the June CPI report set for release July 14 could trigger major price swings.

Bitcoin stabilizes above $63,000 following a turbulent week, aided by easing geopolitical tensions and a strong SpaceX debut.

Macro analyst suggests paper Bitcoin instruments may be absorbing buying pressure, similar to gold derivatives.