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Bitcoin Approaches $70,000 After Treasury Announces Buyback Expansion

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US Treasury doubles bond buybacks, Bitcoin surges to $69,749

US Treasury announced it will double long-dated debt buybacks, triggering a sharp rally in Bitcoin to nearly $70,000 and liquidating over $1.2 billion in short positions within hours.

Aug 19, 2026·11 sourcesMacroeconomic factors affecting crypto markets Bitcoin market analysis Bitcoin Crypto market liquidity Crypto markets

US Treasury doubles bond buybacks, Bitcoin surges to $69,749

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Bitcoin Approaches $70,000 After Treasury Announces Buyback Expansion

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Bitcoin Blasts Past $68,000 After US Treasury Doubles Debt Buybacks

Treasury Just Drew a Line in the Sand at 5.3%, and Bitcoin Noticed

Bitcoin (BTC) rises above $68,000, ether (ETH) jumps as Treasury buybacks boost risk appetite