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Why an announcement from the Treasury sparked a rally in gold and bitcoin this week - MarketWatch

Published by MarketWatch By MarketWatch · 22 August 2026 at 16:00
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Why an announcement from the Treasury sparked a rally in gold and bitcoin this week - MarketWatch
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What the report says

Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks

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