BTC has now surged 38% following its June plunge as shifting U.S. Treasury policy helped bring buyers back to crypto, rejuvenating ETF demand.

Bitcoin is up about 23% this week, on track for its best weekly gain since March 2023, as US Treasury bond buybacks lower yields and boost appetite for risk assets.

Bitcoin surged nearly 23% in a week to around $78,000, while Ethereum and major altcoins also rallied. Strong crypto ETF inflows, softer US dollar expectations, Treasury buybacks…

Bitcoin's price surged further on Monday, flirting with $80,000 after U.S. exchange-traded funds had their best week since October.