Bitcoin broke above $78,000 after markets appeared to have absorbed the plans by the US Treasury to ramp up its buying of longer-dated government debt. The shift follows Treasury Secretary Scott Bessent’s assertion that he’d like to tap into the government’s huge $1 trillion cash cushion to help the bond-buyback program.
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- Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.
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