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Bitcoin Roars Past $70,000 as Yields Sink and Trump Sparks OptimismEconomy
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EconomyBitcoin Roars Past $70,000 as Yields Sink and Trump Sparks Optimism

Bitcoin rose above $70,000 for the first time in more than two months, helped by Treasury Secretary Scott Bessent’s push to lower U.S. bond yields and President Donald Trump’s high-stakes meeting with crypto industry leaders. Oil also reached its highest level in nearly a month after Trump threatened to crush Iran’s economy.

People in this report Donald Trump

BBloomberg Television 2026-08-20 21:24