cryptoai044

The digital asset market erupted on August 20, 2026, as Bitcoin shattered a nearly three-month range to surge past $71,000. The explosive rally, which included a dramatic push to a 24-hour peak near $72,067, was catalyzed by major bond market intervention news that triggered an aggressive short squeeze, wiping out over $1.3 billion in leveraged bearish positions in a single hour. After weeks of compressed, low-conviction consolidation, the sudden injection of macro liquidity has forcefully propelled Bitcoin back into the global spotlight.

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