Bitcoin steadies near $78,000 as gold rallies, altcoins consolidate after best week in 3 years
BTC was little changed Monday after last week's 24% surge triggered by a Treasury buyback announcement that squeezed over $3 billion in shorts.
Source: CoinDesk
―
DW NOTE
BTC at $78,000 is 17% below its December 2025 all-time high of $95,000, which makes "steadies" a curious verb for an asset that has failed to retake peak levels for eight months. A 24% weekly surge means nothing if it merely recovers ground lost in prior weeks — the real question is whether the Treasury buyback announcement represents actual policy shift or another temporary liquidity event that fades once the shorts are cleared.