Bitcoin Finally Wakes Up While U.S. Debt Hits $40 Trillion

Bitcoin experienced a significant recovery, climbing to nearly $80,000 in recent trading after an extended period of consolidation. The rebound followed an announcement from Treasury Secretary Scott Bessent regarding the Treasury’s plan to increase long-term debt buybacks from $2 billion to at least $4 billion. The broader cryptocurrency market moved in tandem with Bitcoin’s advance.
The recovery marks a turnaround from earlier in the year when Bitcoin had declined substantially fro