Bessent’s Bond Buyback Gamble Could Pour Fuel on Bitcoin’s Price
Key Takeaways Bitcoin reclaimed $80,000 on Aug. 28 after breaking key $79,000 resistance. Volatility wiped out $416 million in crypto liquidations as short positions took an $80 million hit. Ray Dalio notes Scott Bessent’s debt policy could drive capital into alternative safe havens like bitcoin. Key Resistance Broken Bitcoin reclaimed $80,000 on Thursday, breaking through…
