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Bessent’s Bond Buyback Gamble Could Pour Fuel on Bitcoin’s Price

Bitcoin.com News·August 27, 2026·1 min read
Bessent’s Bond Buyback Gamble Could Pour Fuel on Bitcoin’s Price

Bitcoin reclaimed $80,000 on Thursday after breaking a key $79,000 resistance level, driving its market capitalization back to $1.61 trillion. The asset is positioned for over a 20% gain in August. This price action follows a period of consolidation and signals renewed bullish momentum for the leading cryptocurrency.

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