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Finance

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

▶ Fortune Aug 23, 2026 Aug 23 👁 2 views

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

📋 Article Summary

48 words

A surprise bond buyback triggered a squeeze that liquidated over $4 billion in bearish crypto bets and sent bitcoin past $77,000. A surprise bond buyback triggered a squeeze that liquidated over $4 billion in bearish crypto bets and sent bitcoin past $77,000. Read the full story on Fortune via the link below.

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