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Ether jumps 18% as crypto rally lifts Bitcoin, Solana, and XRP amid US Treasury bond buybacks.

Market News
20 Aug 2026
Tokenpost
View Source
Bullish
pluang ai news

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 liquidity and increased demand for risk assets. Additionally, political support for crypto market clarity legislation from President Trump helped sentiment. Traders are now watching Ether's ability to hold above $2,200 amid potential short-term profit-taking.

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