The US Treasury Department intervenes, and the price of BTC rises to $70,000 in the short term
2026-08-24 07:14:41
According to CoinMeta, this week's market stories revolved around liquidity, regulation, and potential market turning points. The Treasury Department expanded its buyback program due to pressure on long-term yields, while Bitcoin soared to nearly $70,000 during a short-term squeeze of $1.3 billion. Trump's comments on excess liquidity sparked increased market enthusiasm, and CFTC provided advisory positions to market leaders in its forecasts.
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Source:Internet
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