Treasury’s $14B Buyback Sparks $3.5B Crypto Short Squeeze
The $280B market-cap gain shows the shock reached beyond leveraged derivatives, making Treasury's buyback a catalyst for a broad crypto repricing.
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The $280B market-cap gain shows the shock reached beyond leveraged derivatives, making Treasury's buyback a catalyst for a broad crypto repricing.
The divergence makes the Treasury announcement a macro signal about currency value and liquidity, not a broad equity risk rally.