Follow UsLive updates: Bitcoin and gold jump but rejected at key level as Treasury move pushes yields lower
Bullish-11.88%
19 Aug, 09:05
Source: CoinDesk
AI Summary
U.S. Treasury's announcement of doubled long-dated bond buybacks pushed yields lower, driving Bitcoin and gold higher though both faced rejection at key resistance levels.
Led by Scott Bessent, the U.S. Treasury announced at least a doubling in the size of its long-dated bond buybacks.