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Traders bet bitcoin was stuck below $67,000. The Treasury blew that trade up in one afternoon - Fortune

Published by Fortune By Michelle Chapman, The Associated Press · 23 August 2026 at 17:07
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Traders bet bitcoin was stuck below $67,000. The Treasury blew that trade up in one afternoon - Fortune
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What the report says

A surprise bond buyback triggered a squeeze that liquidated over $4 billion in bearish crypto bets and sent bitcoin past $77,000.

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