CoinDesk · crypto · 2026-08-22

How a Treasury buyback tweak helped bitcoin surge nearly 25% in days

Investors typically watch for any shifts in government policies that can affect financial markets. Recently, a tweak in Treasury buybacks reportedly contributed to a significant surge of nearly 25% in bitcoin prices over just a few days. This move did not constitute quantitative easing (QE), according to analysts, but it helped reduce long-term yields to their lowest levels since 1994 and sparked a record short squeeze, reflecting an already overly bearish market sentiment.

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