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The Real Story Behind Bitcoin's Sudden Rally

Economic Times 21 August 2026 at 06:32 am 1 min read 1 views Read Original
The Real Story Behind Bitcoin's Sudden Rally

A US Treasury debt buyback decision lowered long-term yields, sparking a cross-asset rally across gold, equities, and Bitcoin. Coupled with a historic $1.1 billion short squeeze, the surge reflects macro liquidity moves rather than crypto-native triggers, making ETF inflows crucial for long-term sustainability.

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