Bitcoin Jumps to $79,500 This Week as Shorts Lose $3 Billion in Liquidations
Bitcoin rallied to $79,500 this week following the US Treasury's announcement to double its bond buyback operations to $4 billion per transaction, effective September 9. The move, which eases borrowing costs and injects liquidity into markets, triggered a rotation into bitcoin as a hedge against
BTC-0.65%
GateNews·08-22 14:42
