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Bitcoin Surges Past $68K as Treasury Buybacks Reignite Debasement Trade

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

News Summary

  • Treasury buyback expansions sparked a massive resurgence in the debasement trade, driving Bitcoin past $68,000 alongside strong rallies in Ether, gold, and silver.
  • Traders anticipate future liquidity interventions to cap rising yields, putting downward pressure on the dollar and bolstering scarce hard assets.
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XAUUSD price history

4349.50 -5.21% over the displayed period

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