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Treasury Steps In, Bitcoin Wakes Up, and More – Week In Review

Bitcoin.com News·August 23, 2026·1 min read
Treasury Steps In, Bitcoin Wakes Up, and More – Week In Review

This week's stories centered on liquidity, regulation, and signs of a possible market turn. Scott Bessent moved to expand Treasury buybacks as long-term yields came under pressure, while bitcoin surged toward $70,000 in a $1.3 billion short squeeze. Trump's Hyperliquid comments sent HYPE higher, and the CFTC gave prediction-market leaders seats on its advisory panel.

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