WorldPingBitcoin Magazine Bitcoin Blasts Past $68,000 After US Treasury Doubles Debt Buybacks Bitcoin blew past $68,000 on Wednesday, jumping nearly 3% over a 24-hour period after news dropped that the U.S.
This is a short WorldPing brief. The full report was published by Bitcoin Magazine.
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WorldPingThe U.S. Treasury will at least double the maximum size of its buybacks for older long-term bonds to $4 billion per operation, a move that helped push yields lower and supported U.S. stocks, bitcoin and gold on Wednesday morning.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBTC rose about 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingBitcoin’s rebound toward $69,000 is gaining momentum as Geoff Kendrick points to improving liquidity conditions and a potential cycle bottom.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingBitcoin joined US stocks in a broad rally after the US Treasury announced that it was at least doubling the amount of its debt buyback operations from September.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingBitcoin and Ethereum surged above $69,500 and $2,000 on Wednesday after the US Treasury doubled planned buybacks of long-dated government debt. On Aug.
Brief by WorldPing · Original reporting by CryptoSlate
The announcement targets the sensitive longer-duration part of the Treasury market.
Brief by WorldPing · Original reporting by CNBC World
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