
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.
Flat PPI and in-line CPI leave Bitcoin rangebound, with Glassnode noting a lack of buyers.
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Bitcoin reclaimed $65,000 as oil prices fell, but a strong dollar and rising yields limit upside.

Bitcoin briefly topped $67,000 following news of a US-Iran peace deal, though derivatives data shows traders remain cautious.

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Bitcoin and other major digital assets retreated from overnight highs as geopolitical tensions lifted oil prices.

A rapid Bitcoin rally to $63,700 triggered the largest short liquidations since April, but geopolitical tensions later reversed gains.