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Bitcoin Rallies Toward $65,000 as Treasury Liquidity Boosts Crypto Outlook

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

News Summary

  • U.S.
  • Treasury's plan to double long-dated bond buybacks supports liquidity, lifting Bitcoin towards $65,000.
  • Standard Chartered projects a cycle bottom and a year-end target of $100,000, though some analysts caution that low trading volumes and range-bound price action warrant confirmation before a broader breakout.
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BTCUSD price history

76976.31 +14.90% over the displayed period

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