CoinDesk

Treasury's latest measure isn't QE or YCC. Still, bitcoin is skyrocketing. Here's why.

Treasury's latest measure isn't QE or YCC. Still, bitcoin is skyrocketing. Here's why.WorldPing

The rally in hard assets isn’t necessarily about what the Treasury is doing, but what its move signals to the market.

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

Related news

$1.2B Wiped out: Bitcoin Squeeze Returns Strategy to ProfitWorldPing
Bitcoin.com

$1.2B Wiped out: Bitcoin Squeeze Returns Strategy to Profit

Bitcoin surpassed $79,000, boosting market cap past $1.55 trillion and pushing the broader crypto market to $2.65 trillion amid growing fears over $40 trillion in U.S. national debt.

Brief by WorldPing · Original reporting by Bitcoin.com

Bitcoin Approaches $80,000 as Vaneck’s Sigel Sees $100,000 Target by 2027WorldPing
Bitcoin.com

Bitcoin Approaches $80,000 as Vaneck’s Sigel Sees $100,000 Target by 2027

Vaneck’s head of digital assets research, Matthew Sigel, says his year-ahead bitcoin target and his 2029 cycle-peak call haven’t moved. Bitcoin is currently surging and has cleanly broken past the all-important $75,000 psychological threshold.

Brief by WorldPing · Original reporting by Bitcoin.com