The Bitcoin Bounce: A False Dawn or a Genuine Turnaround? The cryptocurrency market has experienced a significant surge in recent times, with Bitcoin poised for a 23% weekly gain.
This price appreciation has sent shockwaves through financial circles, but beneath the surface lies a complex web of macroeconomic and policy factors that challenge conventional wisdom.
A key driver of the rally is the Treasury's decision to double its buybacks of long dated government debt.