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Bitcoin Climbs Above $77,000 as Treasury Buybacks Fuel Rally and ETF Inflows

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Bitcoin climbed above $77,000, marking its largest weekly gain since March 2023. U.S. spot bitcoin ETFs recorded $606 million in net inflows on Aug. 20, the biggest single-day total since May 1. Ether ETFs added $221 million as short liquidations topped $3 billion over two days. The move followed the U.S. Treasury’s decision to at least double long-duration bond buybacks starting Sept. 9. Bitcoin extended its sharp rebound on Friday, pushing...

Bitcoin, Cryptocurrencies, News

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Trump Pushes Clarity Act at White House Crypto Meeting as CFTC Targets Hyperliquid Onshore Move

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President Donald Trump urged lawmakers to pass the Clarity Act during a high-profile crypto summit at the White House. Trump additionally stated that the Commodity Futures Trading Commission (CFTC) is actively working to bring decentralized exchange Hyperliquid onshore. The dual regulatory and legislative updates spurred a massive green wave across digital asset markets, sending token prices soaring. President Donald Trump ramped up his...

Breaking, Cryptocurrencies, News

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Bitcoin Surpasses $70,000 Milestone Following US Treasury Long-Term Bond Purchase Announcement

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Bitcoin surged past the $70,000 threshold, reaching its highest price point since early June amid a broader macroeconomic shift. The market rally was triggered by the US Treasury announcement detailing plans to double its purchases of long-term bonds. Traders and institutional investors responded positively to the increased liquidity injection into the financial markets. Bitcoin climbed back into the green this morning, successfully breaking...

Breaking, Cryptocurrencies, News

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Bitcoin Surges Past $70,000 as $2.7 Billion in Shorts Liquidate and Spot ETFs Log $517 Million Inflows

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Bitcoin climbed above $70,000 for the first time since early June and later approached $72,000. Short liquidations reached a record $2.74 billion, with total wipeouts near $3 billion across more than 172,000 traders. U.S. spot bitcoin ETFs recorded $517 million in net inflows on Aug. 19, the largest since early May; ether ETFs added $189 million. Key catalysts included the U.S. Treasury doubling long-term bond buybacks and President Trump...

Bitcoin, Cryptocurrencies, ETF, News

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Crypto Markets Brace for #FOMCWatch as Federal Reserve Signals Rate Decision Path

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Digital asset markets are heavily focused on #FOMCWatch updates as macroeconomic indicators point toward pivotal Federal Reserve monetary policy shifts. Traders and institutional investors are closely analyzing interest rate probabilities, which historically dictate near-term volatility across bitcoin and altcoins. Market participants continue to parse macroeconomic data releases for clues on whether the central bank will enact a rate cut or...

Breaking, Cryptocurrencies, News

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