Bitcoin rallied on expanded US Treasury bond buybacks as Standard Chartered eyed $100K, Metaplanet expanded to the US and Cypherpunk bet on Zcash mining.

BTC rose 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks.

The move triggered nearly $2 billion in crypto liquidations and lifted crypto-linked stocks, with Strategy and Bitmine gaining around 10%.