Bitcoin blasts past $72,000 as Trump, Treasury buybacks wipe out $3.1B in shorts
Bitcoin surged above $70,000 for the first time since June as falling Treasury yields and Washington’s crypto push crushed bearish bets. Data from CryptoSlate shows that BTC extended its breakout above $72,000 on Thursday, taking its gain since Monday to roughly 15%. It has climbed to $72,207 as of press time. Blockchain analysis firm Glassnode […] The post Bitcoin blasts past $72,000 as Trump, Treasury buybacks wipe out $3.1B in shorts appeared first on CryptoSlate.
Key Takeaways
- Bitcoin surged above $70,000 for the first time since June as falling Treasury yields and Washington’s crypto push crushed bearish bets.
- Data from CryptoSlate shows that BTC extended its breakout above $72,000 on Thursday, taking its gain since Monday to roughly 15%.
- It has climbed to $72,207 as of press time.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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