Bitcoin’s 22% Rally Needs Real Demand to Outlast Treasury Liquidity Boost
Bitcoin’s recent breakout appears to have been triggered by a shift in U.S. Treasury-market liquidity, but analysts say the rally’s staying power hinges on whether exchange-traded fund inflows and spot demand can replace the initial macroeconomic boost. Treasury Buybacks Spark 22% Surge and Short Squeeze Bitcoin surged roughly 22% during its breakout week as long-term ...