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Bitcoin (BTCUSD) Soars 22% on 'Debasement Trade' and Regulatory Hopes

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin (BTCUSD) rallied 22% this week, marking its best performance in over two years.
  • The surge is fueled by the 'debasement trade' following the Treasury's bond buyback program and growing optimism for favorable US crypto regulations.
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BTCUSD price history

78079.44 +18.51% over the displayed period

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