The bond repurchase bet of Bessent and the response of Druckenmiller
2026-08-31 04:43:49
According to CoinMeta, as reported by Coinspectator, this week's developments show that cryptocurrencies are making inroads into traditional finance, with the market rebounding. In addition to BTC and ETH, Charles Schwab has added SOL, AVAX, and LINK. Meanwhile, Circle minted $5 billion worth of USDC within a week. Bitcoin has regained $80,000 per coin, and debates about profit suppression have arisen due to the Treasury Department's buybacks, with Stanley Druckenmiller warning against intervention.
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Source:Internet
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