Bitcoin’s $69,000 breakout now hinges on yields after Fed warns more tightening may be needed
Bitcoin ran from round $64,100 to almost $70,000 inside hours on Aug. 19, as soon as the US Treasury unexpectedly doubled its deliberate buybacks of long-dated authorities debt. The transfer pushed bond yields decrease and compelled roughly $1.4 billion of crypto quick positions out of the market in simply 4 hours. Treasury stated it might…
