Bitcoin Price Spikes Above 66,24 €K On Treasury-Fueled Short Squeeze
The price of bitcoin early Thursday bolted to a two-month high above 65 320,00 €, driving crypto stocks higher.
· Source Investor's Business Daily
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According to Investor's Business Daily (August 20, 2026), the story focuses on: Bitcoin Price Spikes Above 66,24 €K On Treasury-Fueled Short Squeeze.
The price of bitcoin early Thursday bolted to a two-month high above 65 320,00 €, 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.
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