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Why is crypto suddenly rallying? Bitcoin jumps 20% as $2.7 billion short squeeze hits
Bitcoin rises 20% in a week as lower Treasury yields, a $2.7 billion short squeeze and Clarity Act hopes fuel a sudden crypto market rally. | Business News
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coindesk.com
Bitcoin (BTC) rises above $68,000, ether (ETH) jumps as Treasury buybacks boost risk appetite
BTC rose 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks.
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theblock.co
Bitcoin hits $69,000, ether jumps 10% as Treasury buybacks, SEC crypto proposal fuel market rally
The move triggered nearly $2 billion in crypto liquidations and lifted crypto-linked stocks, with Strategy and Bitmine gaining around 10%.
