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

source-logo  coingape.com 1 h
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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.

coingape.com