Bitcoin’s $80K Rally Exposes Growing U.S. Dollar Risks, Analyst Says

Bitcoin’s $80K Rally Exposes Growing U.S. Dollar Risks, Analyst Says

TL;DR Bitcoin reclaimed $80,000 after the U.S. Treasury said it would double purchases of long-dated bonds, a move Anthony Pompliano linked to money creation. Pompliano argues that abundant dollars increase the premium on scarce assets, placing Bitcoin’s fixed 21 million supply at the center of his...

Bitcoin’s $4B Short Squeeze Meets a Critical $80,000 Ceiling

Bitcoin’s near-30% surge from below $65,000 to almost $80,000 was fueled in part by a short squeeze that liquidated roughly $4 billion. Continue reading at DailyCoin.

Why Bitcoin’s $80,000 rally just flipped from short squeeze to long squeeze

Bitcoin's brief pullback below $78,000 triggered more than $300 million in crypto liquidations as traders took profits after a sharp $80,000 rally driven by Treasury developments, ETF inflows, and a squeeze on bearish positions. Data from CryptoSlate shows that the largest cryptocurrency fell as low as $77,870 during the last 24 hours before recovering above $79,000 as of press time. The retreat spread across major cryptocurrencies, with XRP fal…

Bessent's $4B Buyback Ignites Bitcoin's Second-Largest Short Squeeze on Record

Treasury's attempt to tame a 19-year yield high briefly crushed long rates and lit the fuse on a 22% Bitcoin rally, but the bond market shrugged off the intervention within a day.Key takeawaysTreasury Secretary Scott Bessent doubled long-dated bond buyback operations from $2B to at least $4B per event on Aug. 19, targeting 10-to-30-year securities as the 30-year yield approached 5.34%, its highest since 2007.The announcement triggered the second…