This week’s stories centered on liquidity, regulation, and signs of a possible market turn. Scott Bessent moved to expand Treasury buybacks as long-term yields came under pressure, while bitcoin surged toward $70,000 in a $1.3 billion short squeeze. Trump’s Hyperliquid comments sent HYPE higher, the CFTC gave prediction-market leaders seats on its advisory panel, and […] from Bitcoin News https://ift.tt/5PiHuaZ
Following a U.S. Treasury bond buyback announcement and supportive White House discussions under the Trump administration, the global crypto market cap surged by $500 billion to peak near $2.74 trillion, its highest level since May. Bitcoin Trims Year-to-Date Drawdown After a sluggish start to August, the cryptocurrency market surged during the third week of the […] from Bitcoin News https://ift.tt/qiIX7SJ