Bitcoin's price surged over 6% to nearly $69,000 following the US Treasury's decision to double long-term bond buybacks, improving market liquidity. Analyst Geoff Kendrick from Standard Chartered highlights the $65,500 level as a key threshold that, if surpassed, could confirm the market bottom and support a sustainable recovery. He projects Bitcoin could reach $100,000 by the end of 2026, contingent on continued favorable liquidity conditions. The Treasury's bond buyback program, running from September to November, aims to ease pressure on yields, which in turn supports Bitcoin's price environment.
Bitcoin rose 8.8% to $69,687 and Ethereum jumped 18.5% to $2,248, driven by a risk-on market environment with climbing equity indices and steady US 10-year yields. Investors are rotating from safe assets like gold and the dollar into higher-risk cryp...
Solana (SOL) and Ripple (XRP) surged about 10% on August 19, driven by a Bitcoin-led market rally and a short squeeze triggered by U.S. Treasury bond market moves. SOL reclaimed its 200-day moving average and hit a 3-month high, signaling bullish mom...
Ethereum surged past $2,200 on August 19, marking its highest level since June 2026, driven by a broad cryptocurrency rally and Bitcoin nearing $70,000. The price rose about 8% in 24 hours, supported by the US Treasury's increased long-term bond buyb...
Ether surged 18% to above $2,250, leading a broad crypto rally that also boosted Bitcoin by nearly 8% to over $69,100, Solana by 10%, and XRP by 10%. The rally was sparked by the US Treasury's expansion of bond buyback operations, which improved liqu...
Skybridge Capital CEO Anthony Scaramucci predicts bitcoin will exceed $100,000 driven by the upcoming halving cycle, which reduces supply by cutting block rewards. Despite recent price stagnation linked to geopolitical tensions and a shift of mining ...
