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Bessent's Bond Buyback Gamble Could Pour Fuel on Bitcoin's Price
BTC breached $80K as the market absorbed $416M in liquidations. The Economist warns U.S. Treasury's bond market moves risk system stability.
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forbes.com
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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straitstimes.com
Bitcoin rides debasement trade to 3-month high above US$80,000
Bitcoin is back in favour after the US said it will step up its bond repurchases in a bid to bring long-term yields lower. Read more at straitstimes.com. Read more at…
