Browsing: Bitcoin

Bitcoin jumped more than 8% in 24 hours, climbing above $69,000 for the first time since June. Anthony Scaramucci in a recent CNBC interview said, the upcoming halving cycle and tighter supply as key factors that could push $BTC back above $100,000.

Bitcoin (BTC) extends its gains, inching toward $72,000 at the time of writing on Thursday, as crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations. The move has sharply improved market sentiment and liquidity conditions, helped trigger a short squeeze, and overall provided a positive catalyst for the broader crypto…

On August 20, Eastern Time, Bitcoin surged 11% to exceed $71,000, reaching its highest level since June 1 and breaking out of its previous sideways consolidation. The explosive rally was driven by liquidity injections from U.S. Treasury bond buybacks, the SEC’s passage of Crypto Asset Regulations, and a White House meeting with crypto executives. This…