Bitcoin soars due to the Treasury Department's quantitative easing plan, hitting a two-month high
2026-08-25 02:06:43
According to CoinMeta, the price of Bitcoin continued to rise on Monday, reaching a two-month high, due to the possibility that the Treasury Department might use its nearly $1 trillion in total accounts for quantitative easing. Last Wednesday, the Treasury Department announced that it would at least double its repurchase of long-term government bonds, which drove a short-term rebound in the market.
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Source:Internet
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