The US Treasury bought back $10 billion in debt during November and planned to repurchase up to $750 million on one day, according to a post by the Bitcoin Historian account. This move is interpreted as a sign of accelerating dollar debasement, which some view as positive for Bitcoin's value. The buybacks highlight concerns about the US dollar's stability and may influence investor interest in digital assets like Bitcoin.
The Bitcoin Historian's report on the US Treasury's $10 billion debt buyback in November provides context for digital asset markets. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 12, 2026 22:32 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable price moves include BAL up 11.14% at Rp16.297, SXP down 46.27% at Rp37, and ENJ down 8.93% at Rp379.
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