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A Treasury buyback gets credit for crypto's entire $740 billion rebound
Cryptobriefing traces every dollar of crypto's $740 billion gain since late August to the Treasury's expanded bond buybacks. Cointelegraph, reporting the same prices on the same day, does not mention it. Perpetual futures leverage is near $160 billion in both accounts.
Reality
- Evidence55
- Adoption60
- Hype gap+35
- Incentives60
- Confidence55