Bitcoin
US Treasury Doubles Bond Buybacks to $4B, Lifting Bitcoin
COINOTAG·August 23, 2026·1 min read
The US Treasury doubled its long-term bond buybacks to $4 billion per operation, driving Bitcoin's rally above $77,000. Short liquidations fueled the move, as traders who bet against BTC were forced to cover. The policy shift boosted risk appetite, pushing Bitcoin to new highs amid increased institutional interest.
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