$BTC breaks above $71K while $ETH climbs past $2,300
The crypto market has made a strong move higher, with Bitcoin breaking above $70,000 and reaching its highest level since June. Ethereum also climbed past $2,300 before pulling back.
One of the key catalysts was the U.S. Treasury’s decision to double its purchases of long-term government bonds. The move pushed bond yields lower and helped boost demand for riskier assets.
The crypto market has made a strong move higher, with Bitcoin breaking above $70,000 and reaching its highest level since June. Ethereum also climbed past $2,300 before pulling back.
One of the key catalysts was the U.S. Treasury’s decision to double its purchases of long-term government bonds. The move pushed bond yields lower and helped boost demand for riskier assets.