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Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields
By Oluwapelumi Adejumo at 2026-10-01 04:40
Sentiment: Negative
Bitcoin and Ethereum surged above $69,500 and $2,000 on Wednesday after the US Treasury doubled planned buybacks of long-dated government debt. On Aug. 19, the Treasury Department said it will raise the maximum size of its liquidity-support operations for 10- to 20-year and 20- to 30-year securities from $2 billion to at least $4 billion […] The post Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Featured #Macro #Market #TradFi #Trading
Source CryptoSlate