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The surge in Treasury yields is causing worry for Bitcoin traders, as liquidation risks increase for long positions within a precarious price range.
The US Treasury market faces heightened volatility, which may impede the anticipated recovery of Bitcoin prices following recent CPI data.
Treasury Secretary Scott Bessent has recruited Tyler Williams from Galaxy Digital to provide guidance on digital assets and blockchain policies.
Scott Bessent's confirmation as Treasury Secretary signals significant developments in U.S. crypto policy, focusing on taxation and central bank digital currencies.
The U.S. is set to reach its debt ceiling, triggering extraordinary measures from the Treasury that may impact risk assets such as Bitcoin.
The Ethereum Foundation has disclosed a significant reduction in its treasury, primarily due to high spending and the declining value of ether.
Amid fluctuating volatility in U.S. Treasury notes, Bitcoin remains stagnant within key price levels as Chinese stock markets experience significant declines.
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