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💵 Bitcoin tops $68K as Treasury doubles bond buybacks Bitcoin surged ~6% to $68,982 after the U.S. Treasury doubled long-dated debt buybacks, raising the cap from $2B to at least $4B on 10-to-30-year securities. The move eased long-term yield pressure and sparked a risk-on rally. Ether jumped 9%, while crypto market cap rose 5.1%. Shorts got hit hard: $1.7B in liquidations, with shorts making up 91%. Macro-driven moves are back. When Treasury moves the yield curve, risk assets listen.