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Bitcoin Surges Past $72,000 as Treasury Liquidity Unleashes Massive Short Squeeze

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin surged past $72,000, logging its strongest weekly gains since November 2024.
  • The massive rally was fueled by U.S.
  • Treasury liquidity buyback expansions, a weakening dollar, White House support for crypto legislation, and over $1.4 billion in forced short liquidations.
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BTCUSD price history

77499.76 +17.63% over the displayed period

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