Fama

08/20 05:08看涨

Crypto Overview: Bitcoin eyes $70,000 on US Treasu

#World Cup Predictions: 100,000 USDT Daily # Trending Token Price Prediction Challenge #HTX Creation Challenge — Post and Win 1,500U Crypto Overview: Bitcoin eyes $70,000 on US Treasury bond buybacks – ETH, HYPE, TRUMP lead gains Bitcoin eyes $70,000 on Thursday, following a 7% rise the previous day. A surprise US Treasury announcement to double long-term bond buybacks lowered yields and renewed risk-on sentiment in the crypto market. Ethereum, Hyperliquid, and Official Trump recorded double-digit gains over the last 24 hours.The broader cryptocurrency market is regaining strength, pointing toward a renewed bull run. The US Treasury Department announced on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs. US Treasury doubles long-term bond buybacks US Treasury announced that it would at least double the maximum size of its liquidity-support buyback operations for longer-dated nominal securities, as previously reported by FXStreet. The current maximum of $2 billion per operation will be increased to at least $4 billion per operation. This temporary workaround creates artificial demand for 10-year and 30-year bonds, lowering their yields.

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