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Bessent’s Bond Buyback Gamble Could Pour Fuel on Bitcoin’s Price

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitcoin’s price reclaimed $80,000 per unit on Thursday after breaking past a key $79,000 resistance level, driving its market capitalization back to $1.61 trillion and positioning the asset for an over 20% gain in August. Key Resistance Broken Bitcoin reclaimed $80,000 on Thursday, breaking through a key $79,000 resistance level that had held since shortly […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Break of $79K resistance signals strong bullish momentum.

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Bessent’s Bond Buyback Gamble Could Pour Fuel on Bitcoin’s Price — Crypto Insight