CryptoFortuneabout 2 hours ago
Bitcoin nears $70,000 after Treasury bond buyback
3 min read
Bitcoin jumped nearly 6% to over $69,000 after the U.S. Treasury announced it would double purchases of older long-term bonds. Short sellers covered roughly $1.5 billion in positions, including about $700 million in one minute, possibly the largest short squeeze in Bitcoin's history.
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