
Bitcoin Rallies 25% Toward $80,000 as Treasury Buyback Tweak Shifts Market Dynamics
A Treasury buyback adjustment helped ease long-term yields, sparking a record short squeeze and lifting bitcoin to near $80,000.
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A Treasury buyback adjustment helped ease long-term yields, sparking a record short squeeze and lifting bitcoin to near $80,000.

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

Bitwise is winding down six crypto option ETFs that returned investors' capital as yield, with cash redemptions in August.

BTC briefly fell under $64,000 as U.S. bond yields surged, while Binance bid liquidity helped stem further declines.

Bitcoin fell under $65,000 as Brent crude topped $100 and Treasury yields climbed amid geopolitical tensions.

Bitcoin briefly fell under $64,000 as rising US bond yields increased Fed rate hike expectations.

Bitcoin reclaimed $65,000 as oil prices fell, but a strong dollar and rising yields limit upside.

BlackRock has filed an updated prospectus for a Bitcoin Premium Income ETF, aiming to generate yield from BTC volatility.

Abra CEO Bill Barhydt sees tokenized yield and on-chain lending as catalysts for institutional crypto adoption.