Topic
macro
3 stories
Bitcoin tops $85,000 for the first time since January as short liquidations pass $650 million
Bitcoin briefly traded above $85,000 on September 21, its highest since January, a roughly 5% daily gain that triggered more than $750 million in crypto liquidations, mostly short positions.
Bitcoin adds 6% to $68,000 on Treasury buyback news, with gold up 2.7% alongside it
Bitcoin rose about 6% to just above $68,000 on Wednesday after Treasury Secretary Scott Bessent doubled the size of the department's bond buybacks, with between $1.14 billion and $1.4 billion in short positions liquidated depending on the window measured.
Bitcoin claws back above $61,000 as a soft jobs report ends the ETF bleed — but the 'dovish' read has holes
Bitcoin rebounded above $61,000 and US spot bitcoin ETFs took in roughly $222 million on July 2, ending a 10-day outflow streak, after a weak June jobs report trimmed the odds of another Fed rate hike this year.