Posted inBitcoin Crypto News Macroeconomics
Bitcoin Hits $75,500, Its Highest Level Since May
Bitcoin hits $75,500, its highest level since May. More than $4B of short positions were closed out in two days, including $3B on Thursday alone.
Articles tagged US Treasury
Posted inBitcoin Crypto News Macroeconomics
Bitcoin Jumps to $69,749 as Treasury Doubles Bond Buybacks
Bitcoin jumps to $69,749 after the US Treasury doubled its long-end debt buybacks, pushing the 30-year yield down nine basis points.
Posted inBitcoin Crypto News Macroeconomics
US Treasury: $150B in 8 Days Could Push Bitcoin Even Lower
Fund manager Michael Kramer warns the US Treasury will drain $150 billion in 8 days. Bitcoin, already down 11%, is first in line to absorb the impact.