Bitcoin Surges Past $72k After US Treasury's Bond Repurchase and Industry Meeting
Bitcoin experienced a significant surge, surpassing $72k, driven by the US Treasury's announcement to double long-term bond repurchases and a high-stakes meeting between President Trump and crypto industry leaders. The move led to a massive short squeeze, with over $3 billion in shorts liquidated in a single day. This rally marks the strongest weekly performance for Bitcoin in over two years.19 sourcesSee all sources