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Why is Bitcoin rising? $BTC
The move may have less to do with crypto-specific factors and more to do with liquidity, positioning, and macro conditions.
Here’s the breakdown:
The U.S. Treasury has increased the size of its bond buybacks, with individual operations rising from around $2B to at least $4B.
The focus is on longer-dated 10–30 year Treasuries, meaning the government is buying back some of its longest-term debt.
This comes as the 30-year Treasury
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