EconomyBitcoin tops $80,000 as Treasury weighs $950 billion cash pile for bond buybacks
Bitcoin has risen above $80,000 as the US Treasury considers using roughly $1 trillion in its Treasury General Account to help fund expanded buybacks of long-term government bonds. Two Treasury officials said the account could support the purchases but gave no amount or timing. Rising yields, a US debt load above $40 trillion and heavy AI infrastructure borrowing are increasing pressure for intervention.
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CryptoSlate★★★★☆2026-08-25 09:20Original
Bitcoin tops $80,000 as Treasury weighs $950 billion cash pile for bond buybacks
Economy