Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.
Ticker: BTC
16 articles
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Bitcoin
Bitget CEO sees Bitcoin near current levels at year-end, doubts US will buy BTC
Gracy Chen says macroeconomic uncertainty could keep Bitcoin within $10,000 to $20,000 of current levels, while US government purchases remain unlikely within the next two years.
Bitcoin
Ray Dalio says to buy ‘a bit’ of Bitcoin amid potential debt crisis
The hedge fund founder with an estimated net worth of $15 billion recommended that investors overweight Bitcoin and gold rather than bonds.
Bitcoin
Bitcoin seeks support near $77K as BTC, gold near 100-day highs
Bitcoin volatility eased after BTC hit its highest level since mid-May, while gold joined the cryptocurrency in approaching three-month highs.
Altcoins
XRP leads broad altcoin rally as bitcoin’s biggest weekly gain in two years lifts crypto
Amid this week's crypto rally, HYPE is up nearly 40%, while other altcoins such as XRP, ZEC and LINK have risen over 30%.
Bitcoin
Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump
Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting double-digit gains as crypto stocks surged.
Bitcoin
Crypto Biz: Treasury’s ‘Not-QE’ playbook sends Bitcoin higher
Bitcoin rallied as Treasury bond buybacks fueled the “not-QE” trade, while Metaplanet expanded to the US and Cypherpunk made a $33 million Zcash mining bet.
Bitcoin
Strategy shares hit two-month high as STRC rebounds toward $100 alongside bitcoin
Amid a two-month puase on BTC buys, Strategy shares (MSTR) rallied alongside bitcoin as STRC continued its recovery toward its $100 target.
Bitcoin
Standard Chartered wavers on $100K Bitcoin year-end call, says it may be ‘too low’
Standard Chartered’s Geoff Kendrick said Bitcoin could move toward its $126,000 all-time high after Oct. 6 as spot Bitcoin ETF inflows recover.
Crypto is still in ‘winter’ price-wise but it’s an ‘institutional summer,’ STS Digital CEO says
STS Digital CEO Maxime Seiler says token prices have lagged institutional adoption as bitcoin futures basis converges toward risk-free rates.
Bitcoin
Bitcoin surge toward $80K points to liquidity-driven momentum shift as ETF flows rebound: Bernstein
U.S. spot bitcoin ETF flows have also rebounded, while Strategy's bitcoin holdings are now back above their average purchase price.
Bitcoin
Strategy Bitcoin treasury hits breakeven point as BTC price passes $77K
Bitcoin gains 20% in two days as Strategy sees its BTC treasury climb out of the red.
Bitcoin
Bitcoin ETFs draw $608M as Ether ETFs see largest inflow since October
Bitcoin ETF inflows pushed August’s total to a 2026 high of $2.07 billion as Bitcoin traded above $75,000 and Ether climbed to $2,357.
Bitcoin
Bitcoin breaks through $75,500 while analyst calls current rally ‘premature’
Shawn Young, chief analyst at MEXC Research, said that the crypto market is giving Treasury's intervention 'more credit than it deserves.'
Bitcoin breaks above 200-day moving average for first time since November
The BTC price reclaimed its 200-day moving average for the first time in nine months as its rally gained momentum after the US Treasury expanded its bond buybacks.
