World · Market · United States ·
Bitcoin hits 11-week high as US Treasury doubles debt buyback size
Bitcoin climbed above $68,000 and reached a six-week high after the US Treasury announced it was at least doubling the size of its long-dated bond buyback operations, signaling easier liquidity conditions and boosting risk appetite across crypto and equities.
Why it matters for the crypto market
Treasury buybacks affect broader financial liquidity and the dollar's trajectory, both major drivers of Bitcoin price movements and institutional risk appetite.
Source: CoinDesk
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