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Bitcoin jumps 8.7% after Treasury buyback plan sends yields lower

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On August 19, the U.S. Treasury announced that starting September 9, it will at least double its long-end buybacks, and Bitcoin surged as much as 8.7%, reaching an intraday high of $69,749. Bitcoin’s biggest daily move since March 4 occurre…

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Bitcoin jumps 8.7% after Treasury buyback plan sends yields lower
Cryptopolitan News 1h ago

Bitcoin jumps 8.7% after Treasury buyback plan sends yields lower

On August 19, the U.S. Treasury announced that starting September 9, it will at least double its long-end buybacks, and Bitcoin surged as much as 8.7%, reaching an intraday high of $69,749. Bitcoin’s biggest daily move since March 4 occurre…