THIS WEEK'S SUMMARY
From Short Squeeze to $80,000
Aug 21 — Bitcoin surged 11.56% to $71,892, driven by a $3.02 billion short squeeze and ETF inflows.
Aug 22 — Solana began formal validator voting on a disinflation proposal and increased token burn.
Aug 24 — The U.S. Treasury Department officially raised the buyback limit for 10- to 30-year bonds from $2 billion to $4 billion, effective September 9. Bitcoin rose to $76,235 (+21% weekly).
Aug 26 — Bitcoin briefly touched $81,235, its highest level in three months. Nvidia released its Q2 report: revenue of $96.22 billion (+106% YoY), with shares surging 8.7%.
Aug 27 — Solana validator voting concluded. Bitcoin was tested at the psychological $80,000 level. $BTC
From Short Squeeze to $80,000
Aug 21 — Bitcoin surged 11.56% to $71,892, driven by a $3.02 billion short squeeze and ETF inflows.
Aug 22 — Solana began formal validator voting on a disinflation proposal and increased token burn.
Aug 24 — The U.S. Treasury Department officially raised the buyback limit for 10- to 30-year bonds from $2 billion to $4 billion, effective September 9. Bitcoin rose to $76,235 (+21% weekly).
Aug 26 — Bitcoin briefly touched $81,235, its highest level in three months. Nvidia released its Q2 report: revenue of $96.22 billion (+106% YoY), with shares surging 8.7%.
Aug 27 — Solana validator voting concluded. Bitcoin was tested at the psychological $80,000 level. $BTC