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Bitcoin Price Spikes Above $72K, Treasury Bond Plan Sparks Short Squeeze
The price of bitcoin early Thursday bolted to a two-month high above $71,000, driving crypto stocks higher. The Treasury Department’s Wednesday announcement regarding long-term bond buybacks appeared to spark the rally, further fueled by a massive wave of short liquidations and the Trump administration’s commitment to passing crypto regulations. The Commodities Futures Trading Commission today hosts its first Innovation Advisory…
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