Bitcoin has just wiped out three months of losses in 1 week
Bitcoin broke through $80,000 early in the week, marking its highest level in 15 weeks. The cryptocurrency appreciated approximately 28% over an eight-day span, recovering roughly $350 billion in total market capitalization and effectively reversing three months of accumulated losses in a single week.
The rally coincided with significant policy developments affecting financial markets. The US Treasury announced an expansion of its long-term bond buyback program, doubling the maximum size of ope