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Fiscal Strains

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Bitcoin Rally Stoked by Fiscal Fears and Policy Shifts
finance1 day ago

Bitcoin Rally Stoked by Fiscal Fears and Policy Shifts

Bitcoin jumped toward $80,000 on renewed macro momentum, aided by lower yields from long-dated Treasury buybacks and clearer regulatory prospects, with record ETF inflows and short-covering helping the move. Analysts say the rally could self-sustain if buying interest remains, but a durable new trading range still depends on sustained demand and is subject to policy/regulatory developments.