Bitcoin

Bitcoin rallied over 10% to top $70,000 following the US Treasury Department's decision to double long-term debt buybacks.

U.S. spot Bitcoin ETFs accumulated roughly $1 billion in net inflows over a three-day period in mid-to-late August 2026, driven largely by strong sessions including a $517 million single-day haul.

BlackRock maintains that Bitcoin remains a key portfolio diversifier despite a recent price pullback, attributing the downturn to extreme speculative positioning and capital outflows rather than structural changes.

Bitcoin recently rallied toward $70,000 following historic lows in sell-side exhaustion, but rising profit-taking and spot inflows could influence future price momentum.

Bitcoin jumped 8.7% to an intraday high of $69,749 on Wednesday, driven by a U.S. Treasury buyback announcement and widespread short liquidations.

A Forbes commentary examines whether Bitcoin could offer an escape from the Triffin dilemma as questions resurface surrounding the U.S. dollar's status as a global reserve currency.

Bitcoin climbed 7% to reclaim the $69,000 level and its 200-day moving average after the U.S. Treasury announced plans to double long-end bond buybacks.

Bitcoin recently rallied past $69,000, pushing its market cap above $1.40 trillion as a result of institutional capital inflows, retail buying, and massive short liquidations.

Bitcoin briefly surpassed $70,000 for the first time since June 2, driven by policy signals and a massive wave of short liquidations. However, on-chain analysts note that key metrics must still confirm a broader market r...