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Is the Bitcoin Rally Sustainable?
Source: Bloomberg
Sovereign Debt & RatingsCurrency & FXMarket Technicals & Flows
Bitcoin is up about 22% since Treasury Secretary Scott Bessent said Aug. 20 the US would at least double planned purchases of outstanding 10- to 30-year debt. The article weighs whether that debt-purchase signal and resulting momentum can persist, implying a supportive but uncertain backdrop for crypto risk appetite.
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