Crypto News Flash August 21, 2026

Treasury’s $14 Billion Buyback Triggered a $3.5 Billion Crypto Short Squeeze

Treasury’s $14 Billion Buyback Triggered a $3.5 Billion Crypto Short Squeeze

Bitcoin topped $70,000 after larger Treasury buybacks, but fading bond-market relief suggests the rally was driven by a short squeeze.

The post Treasury’s $14 Billion Buyback Triggered a $3.5 Billion Crypto Short Squeeze appeared first on Cryptonews.

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