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After days of seemingly endless rain, the skies have finally cleared.
Given the damage left behind, it is not something we can simply celebrate. For some, the rain brought hardship. For others, it was much-needed relief for dry land. Perhaps that is why the air feels especially clear afterward.
Bitcoin has gone through a similar shift. After falling to around $62K last week, it climbed close to $79K this week and is now trading around $76K-$77K.
The spark came from the U.S. Treasury market.
As the 30-year Treasury yield reached 5.34%, its highest since 2007, the Treasury doubled liquidity-support buybacks of longer-dated bonds from $2B to at least $4B per operation. Long-term yields quickly eased, temporarily reducing pressure on risk assets.
This was not QE, nor did it solve America’s fiscal or debt-supply problems. Still, easing rate pressure, renewed spot Bitcoin ETF inflows, and short liquidations helped accelerate the rebound.
So this move deserves a measured view. Long-term yields, oil prices, and geopolitical tensions remain. We still need to see whether ETF inflows continue. Touching $79K alone does not define the market’s direction.
Meanwhile, capital and attention remain concentrated in AI infrastructure and tech stocks. Web3 and digital assets have spent some time outside the spotlight.
But attention moving elsewhere does not erase the potential of those who kept building.
When the rain stops, wet roads do not dry instantly. And Bitcoin rising does not mean crypto’s difficulties are over.
A crisis does not always become an opportunity. But doors to change often open during one.
Those who kept building, learning, and connecting when few were watching may simply see those doors a little earlier. $TOWN