Posteo

Bitcoin’s 7% Pump Isn’t the Real Story Bitcoin just ripped 7% to nearly $69.8K —its biggest one-day move since March. But here’s the catch: this looked more like a short squeeze than a clean demand-driven breakout. Nearly $1.37B in shorts were liquidated in 24 hours, with over $1B wiped out in a single hour. Then Treasury stepped in with plans to at least double long-end buyback support, pushing 30Y yields lower and making non-yielding assets like BTC relatively more attractive. #DailyOrbit