Coingape

Breaking: Bitcoin Tops $78K As Bessent Eyes $1 Trillion Treasury Cash For Bond Buyback

Bitcoin broke above $78,000 after markets appeared to have absorbed the plans by the US Treasury to ramp up its buying of longer-dated government debt. The shift follows Treasury Secretary Scott Bessent’s assertion that he’d like to tap into the government’s huge $1 trillion cash cushion to help the bond-buyback program. Ad Ad Bitcoin Breaks

Read the full article on Coingape

Opens in a new tab. Cointrackx tracks this click for statistics.

Partner

Sponsored • Award Winner

Finst named Best Crypto Platform 2025

Awarded the IEX Golden Bull for security, costs, and selection.

Free €20,- Bitcoin