Back to all news
Bitcoin

Fidelity's Timmer Says Treasury Buybacks Drive Bitcoin (BTC)'s 10% Weekly Surge

COINOTAG·August 28, 2026·1 min read
Fidelity's Timmer Says Treasury Buybacks Drive Bitcoin (BTC)'s 10% Weekly Surge

Fidelity's Jurrien Timmer says Treasury buybacks are weakening the dollar and lifting Bitcoin (BTC), which is up 10% in a week. The comments came ahead of Fed Chair Warsh's Jackson Hole speech. Timmer links government debt management to crypto price movements, suggesting macro factors influence digital asset valuations.

Read at COINOTAG
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store