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Treasury Buyback Adjustment Helps Bitcoin Surge 25% to Nearly $80,000 in Days
Markets

Treasury Buyback Adjustment Helps Bitcoin Surge 25% to Nearly $80,000 in Days

August 22, 2026

Source Summary

Treasury buybacks, which analysts clarified are not quantitative easing, helped reduce long-term yields from 19-year highs and triggered a record short squeeze in a market that had been heavily bearish.

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