Market Update – August 21
$BTC is up \~8% today and over 20% this week, reclaiming the $75K–$77K zone for the first time in months.
Key drivers:
• US Treasury doubling long-bond buybacks → lower yields, more liquidity for risk assets
• Massive short squeeze ($1B+ liquidated in 24h alone)
• Renewed talk around the Clarity Act
This is still a recovery inside a down year, but momentum is clearly shifting.
What’s your take — sustainable move or just a squeeze?
$ETH $BNB
$BTC is up \~8% today and over 20% this week, reclaiming the $75K–$77K zone for the first time in months.
Key drivers:
• US Treasury doubling long-bond buybacks → lower yields, more liquidity for risk assets
• Massive short squeeze ($1B+ liquidated in 24h alone)
• Renewed talk around the Clarity Act
This is still a recovery inside a down year, but momentum is clearly shifting.
What’s your take — sustainable move or just a squeeze?
$ETH $BNB