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Bitcoin Soars as Treasury Moves | Bitcoin and Crypto News
Description
Bitcoin surges past $80K in Asian trading, riding a 25% weekly gain fueled by Treasury’s bond buyback plans and renewed bets on assets that outlast currency collapse. Momentum’s near 78—dangerously high—signals overheating, with potential selling between $78,500–$82,000 and buyers expected at $72,400–$73,500. Solana rockets 8% day, 35% week, on supply-cutting proposals; Ether and BNB also climb. XRP leads with 52% weekly gain, Zcash soars 66%, Dogecoin up 32%. Tron lags at 4%, while HYPE dips slightly but still holds 36% weekly. All eyes now turn to Jackson Hole, where Fed Chair’s speech could reshape markets.
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