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Bitcoin breaks through $75,500 while analyst calls current rally 'premature'

Shawn Young, chief analyst at MEXC Research, said that the crypto market is giving Treasury's intervention 'more credit than it deserves.'

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theblock.coStai leggendo12 h fa

Bitcoin breaks through $75,500 while analyst calls current rally 'premature'

Bitcoin supera $75,500 su intervento Treasury e SEC (+8.9% in 24h) — liquidati $2.75B short. Short squeeze, non fondamentali solidi: senza capitale spot fresco, il rally rischia correzione severa — vero test è se capital nuovo entra.

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Timeline cronologica

giovedì 20 agosto 2026·fortune.com
Bitcoin posts surprise rally as currency nears $70,000 for the first time since June | Fortune
The U.S. Treasury’s bond-buyback announcement helped send Bitcoin up nearly 6% with one analyst saying a broader recovery may be afoot.
giovedì 20 agosto 2026·coindesk.com
Bitcoin (BTC) briefly hits $70,000 for the first time since June
The largest crypto asset rose more than 7% on Wednesday after several catalysts sent crypto-related assets higher.

Bitcoin breaks through $75,500 while analyst calls current rally 'premature'

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Bitcoin breaks through $75,500 while analyst calls current rally 'premature'

Timeline cronologica

Bitcoin posts surprise rally as currency nears $70,000 for the first time since June | Fortune

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