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Bitcoin Tops $80,000 For The First Time Since Mid-May
Bitcoin and other crypto tokens have been boosted by the so-called “debasement trade” as the treasury has moved to intervene in the bond markets to curb rising yields.
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theprint.in
Bitcoin surges toward $80,000, on track for its biggest weekly gain in over 3 years
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.
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news.bitcoin.com
Bitcoin Jumps $10,000 in a Week as Shorts Lose $3 Billion
Bitcoin surged $10,000 this week to $79,500 after the US Treasury doubled bond buybacks, triggering a $2.7 billion short squeeze.
