Why did Bitcoin explode past $81,000? 4 macro factors behind the rally

Bitcoin has completed a remarkable turnaround over the past week, rising from below $65,000 on Wednesday to a three-month high above $81,000 earlier this morning. The movement began abruptly on August 19, accelerated in the following days and, unlike previous escape attempts, was not halted painfully in its tracks. Clearly, something has changed in the … Read more

US Treasury Buyback Expansion Adds New Macro Liquidity Signal for Bitcoin Traders

US Treasury Buyback Expansion Adds New Macro Liquidity Signal for Bitcoin Traders

The U.S. Treasury has increased the maximum size of liquidity repurchase transactions for longer-dated nominal coupon securities, adding another macro signal for traders monitoring the liquidity conditions of risky assets, including Bitcoin. The Treasury program increases the purchase limit per transaction from $2 billion to at least $4 billion for the 10-20 year and 20-30 … Read more