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Fed buys long-term bonds, sparking Bitcoin and altcoin rally with XRP up 20% and BTC up 12%.

Market News
20 Aug 2026
Crypto Daily
View Source
Bullish
pluang ai news

The US Federal Reserve intervened by purchasing long-dated treasury bonds to curb rising bond yields, which triggered a strong positive reaction in financial markets. Bitcoin rallied 12%, breaking key resistance levels and showing signs of a potential new bull market, while Ripple (XRP) surged 20% in under two days. The BTC price is approaching critical resistance levels around $73,750 and $83,000, with technical indicators supporting further gains, though a short-term correction may occur. This intervention has reignited optimism across crypto, gold, silver, and US stocks.

More News (BTC)

Shiba Inu rises 7% amid broad crypto rally but lags behind major coins like Ethereum and Bitcoin

Shiba Inu rises 7% amid broad crypto rally but lags behind major coins like Ethereum and Bitcoin

Shiba Inu (SHIB) gained about 7% during a broad crypto market rally, trading around $0.0000047 and recovering from recent lows. However, it underperformed major cryptocurrencies such as Ethereum, which surged 18%, and Bitcoin, which also climbed shar...

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Ethereum price breaks above $2,300 after a 20% rally, but overbought signals suggest a possible pullback.

Ethereum price breaks above $2,300 after a 20% rally, but overbought signals suggest a possible pullback.

Ethereum surged about 20% from below $1,950 to nearly $2,300 following a breakout driven by derivatives buying and a broader crypto rally linked to U.S. Treasury bond buyback announcements. The price broke through key resistance levels quickly, forci...

Technical Signals
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Solana eyes $81 breakout to trigger potential rise toward $104 amid Bitcoin's trend watch.

Solana eyes $81 breakout to trigger potential rise toward $104 amid Bitcoin's trend watch.

Solana (SOL) is nearing a key resistance level at $81, which traders see as crucial for confirming a short-term recovery and targeting a move toward $104. The token currently trades below major moving averages, indicating more work is needed for a bu...

Technical Signals
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6 hours ago
Bitcoin whales accumulate 43,000 BTC in 60 days, signaling a shift in buying behavior.

Bitcoin whales accumulate 43,000 BTC in 60 days, signaling a shift in buying behavior.

Large Bitcoin holders, known as whales, have accumulated around 43,000 BTC over the past 60 days, marking a shift from previous months of selling. This accumulation suggests renewed confidence but does not yet indicate a permanent reduction in market...

Market News
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7 hours ago
XRP price jumps 14.5% as crypto market rallies on Trump support and macroeconomic factors

XRP price jumps 14.5% as crypto market rallies on Trump support and macroeconomic factors

XRP's market capitalization surged by over $9 billion in 24 hours, rising 14.5% from $63.08 billion to $72.27 billion on August 20, with its price climbing from $0.99 to $1.15. This rally was driven by renewed support from former President Donald Tru...

Market News
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