Bitcoin Crosses $75,000 as US Treasury Expands Bond Buybacks - Whalesbook
Source: Whalesbook
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DW NOTE
The Treasury is buying back bonds with one hand while issuing $2 trillion in deficit debt with the other. That's not market management — it's monetary theatre designed to suppress yields while the government dilutes the currency stock. Bitcoin reads it correctly.
For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor
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