Bitcoin bros have a new bro: Treasury Secretary Scott Bessent.
Days after Bessent announced the Treasury planned to double long-term debt buybacks from $2 billion to at least $4 billion, Bitcoin jumped to nearly $80,000. The rest of the crypto market followed. The question is: can it last? WHAT HAPPENED? Bitcoin is back, rebounding from its early-February 2026 lows after nearly 200 days of sideways action. It spent about 120 days falling from its $130,000 highs to as low as $59,800, or a 52% drop. #Please avoid bitcoin trading for next 6 months😵📈 #Bitcoin❗