Bitcoin's best August since 2017 was built on Treasury buybacks, not hopium
Bitcoin
August 27, 2026
07:18
By:
CryptoNews
The US Treasury doubled its long dated bond buyback operations on August 19. Within 72 hours, $3.
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
Related news
August 27, 2026
U.S. spot bitcoin funds have taken in $2.8 billion since the run began, and ether ETFs are matching it day …
August 27, 2026
The U.S. government has moved a small amount of Bitcoin seized from Alameda Research accounts on Binance.US about three years …
August 27, 2026
The workaround comes with an important limitation: only private mempools such as MARA's Slipstream can currently accept it.
August 27, 2026
Bitcoin surpassed its 200-day moving average on Aug. 20, a sign it could be starting its recovery phase. It has …
August 27, 2026
The United States' total public debt crossed $40.035 trillion on August 24, Treasury Department data show. Robert Mitchnick, BlackRock's head …