Bitcoin just had its best week since 2024; sentiment flipped from fear to greed in a day

50 minutes ago 2



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin surges above $75,000 as Treasury buybacks trigger short liquidations and rapidly shift crypto market sentiment. Summary Bitcoin surged 20% in a week after a surprise Treasury buyback announcement, triggering a sharp shift from Fear to Greed. Bitcoin’s rally sent funding rates to a 20-month high as ETF flows and whale buying offer mixed signals on its sustainability. Treasury policy, rising crypto sentiment, and stronger liquidity are driving Bitcoin’s rebound while traders watch for volatility risks. A surprise Treasury announcement, not an ETF headline, set off bitcoin’s best week since 2024, even though the policy itself doesn’t take effect for three more weeks. It also flipped traders’ mood from Fear to Greed in about a day, which is either confirmation or a warning sign in itself. Those who didn’t move before Wednesday have probably spent the past two days doing the math on what they missed. Bitcoin is up roughly 20% in seven days, its best week since March 2024, trading above $75,000 in Asian hours on Friday after spending mo...

Read Entire Article