Bitcoin

Bessent’s Bond Buyback Gamble, Druckenmiller’s Response, and More – Weekly Recap

This week’s stories showed crypto pushing deeper into traditional finance as markets rallied. Charles Schwab moved beyond BTC and ETH by adding SOL, AVAX and LINK, while Circle minted 5 billion USDC in a week. Bitcoin reclaimed $80,000 as Treasury buybacks fueled debate over yield suppression, with Stanley Druckenmiller warning against intervention. Meanwhile, Coinbase and…

Treasury Sec. Scott BessentThis week’s stories showed crypto pushing deeper into traditional finance as markets rallied. Charles Schwab moved beyond BTC and ETH by adding SOL, AVAX and LINK, while Circle minted 5 billion USDC in a week. Bitcoin reclaimed $80,000 as Treasury buybacks fueled debate over yield suppression, with Stanley Druckenmiller warning against intervention. Meanwhile, Coinbase and […]

Source: https://news.bitcoin.com/featured/bessents-bond-buyback-gamble-druckenmillers-response-and-more-weekly-recap/