Bitcoin Jumps $10,000 in a Week as Shorts Lose $3 Billion

AI Summary Bitcoin has surged roughly $10,000 over the past week, breaking above $77,000 for the first time since May after the U.S. Treasury doubled its long-dated bond buybacks. The rally briefly touched $79,500 yesterday, wiping out billions in short bets along the way. The Treasury Trigger Bitcoin had spent six weeks pinned between $60,000 and $65,000 […] fulltext: 356 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/crypto-news/bitcoin-jumps-10000-week-shorts-lose-2-7-billion/ Source: Bitcoin.com News