Bitcoin tops $80,000 as Treasury weighs $950 billion cash pile for bond buybacks
Bitcoin price has crossed $80,000 as the US Treasury explored tapping its roughly $1 trillion cash pile to fund an escalating effort to stabilize long-term government debt. Two senior Treasury officials told CNBC that the Treasury General Account, the federal government's operating account at the Federal Reserve, could help finance expanded bond buybacks. The officials […] The post Bitcoin tops $80,000 as Treasury weighs $950 billion cash pile for bond buybacks appeared first on CryptoSlate.
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Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.