Bitcoin Price Above $75,000: 3 Reasons Why BTC Is Exploding

Why is the Bitcoin price above $75,000 right now?$Bitcoin is above $75,000 because a bond market liquidity shift, the largest short liquidation event on record and a sharp improvement in US regulatory expectations all landed inside the same 72-hour window.Bitcoin price in USD over the past weekThe sequence matters. The trigger came from the US Treasury rather than from crypto. Once yields fell and the dollar softened, Bitcoin broke out of the $61,500 to $66,900 range that had held since June. That break forced an enormous unwind of short positions, which carried price through $70,000, then $72,000, and now $75,000 in three consecutive sessions.The move is broad rather than Bitcoin-only. On the week, Bitcoin is up 19%, Ether 25% and XRP 28%. Bitcoin's market capitalisation stands near $1.5 trillion with just over 53% of total crypto market share, and 24-hour volume has climbed to roughly $59 billion, well above recent averages.Sentiment has flipped with it. The Fear and Greed Index has risen to 68, firmly in greed territory.Reason 1: How did the Treasury buyback decision drive Bitcoin higher?The Treasury's decision to double its long-dated bond buybacks lowered long-end yields, weak...