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How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days

CoinDesk· Shaurya Malwa· Aug 22, 2026 · 5:05 AM
How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days

Treasury buybacks are not QE, analysts said, but the move helped pull long-term yields off 19-year highs and triggered a record short squeeze in a market already leaning too bearish.

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