Press Enter to search · ESC to close

Crypto Macro

Bitcoin Tops $81K as Treasury Buybacks Revive Debasement Trade

Bitcoin’s price surged past $81,000, its highest level since May, driven by the U.S. Treasury’s bond buyback plan and a weaker dollar. The move is attributed to macroeconomic factors rather than crypto-specific developments, reviving the ‘debasement trade’ narrative.

Original source

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback