{"id":77191,"date":"2026-08-23T22:37:31","date_gmt":"2026-08-23T22:37:31","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/treasury-steps-in-bitcoin-wakes-up-and-more\/"},"modified":"2026-08-23T22:37:31","modified_gmt":"2026-08-23T22:37:31","slug":"treasury-steps-in-bitcoin-wakes-up-and-more","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/treasury-steps-in-bitcoin-wakes-up-and-more\/","title":{"rendered":"Treasury Steps In, Bitcoin Wakes Up, and More"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin hit nearly $73K after $1.3B in liquidations, strengthening the case that a cycle bottom is forming.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Trump\u2019s Aug. 2026 Hyperliquid comments lifted HYPE, easing a key U.S. regulatory overhang.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">VanEck saw 8 of 12 capitulation signals fire as 356,000 BTC moved, suggesting the 11-month correction may end.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Week in review<\/h2>\n<p><b><br \/>\u2018We\u2019re Going to Increase the Buyback\u2019: Treasury Boss Targets Bond Yields<\/b><\/p>\n<p>Treasury Secretary Scott Bessent<a href=\"https:\/\/news.bitcoin.com\/finance\/were-going-to-increase-the-buyback-treasury-boss-targets-bond-yields\/\"> told CNBC Thursday<\/a> that U.S. debt buybacks could blow past $4 billion per operation as Washington moves to steady\u2026<\/p>\n<p><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p>While the Treasury\u2019s intervention is not exactly QE, the markets are interpreting it as such, and it has totally changed the setup for bitcoin and hard assets. Markets will need more time to absorb it, this may have been the bullish fundamental catalyst that many were waiting for.<\/p>\n<p><b>Bitcoin Rips Toward $70K as $1.3B Short Squeeze Erupts<\/b><\/p>\n<p>Bitcoin raced to $69,749 on Aug. 19 as falling Treasury yields and a <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-rips-toward-70k-as-1-3b-short-squeeze-erupts\/\">cascade of forced short liquidations<\/a> turned weeks of quiet trading into a sudden run toward $70,000.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fbitcoin-rips-toward-70k-as-1-1b-short-squeeze-erupts.png&amp;w=1920&amp;q=75\" alt=\"Bitcoin Rips Toward $70K as $1.3B Short Squeeze Erupts\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p>Note that the following day, BTC actually made it to nearly $73k. On the 19th, bitcoin saw what is believed to be the highest amount of daily liquidations in history at $1.3 billion. These forced liquidation events are what you want to see at cycle bottoms.<\/p>\n<p><b>Trump\u2019s Hyperliquid Name-Drop Sends HYPE Charging Toward Record Highs<\/b><\/p>\n<p>Hyperliquid\u2019s HYPE token <a href=\"https:\/\/news.bitcoin.com\/altcoins\/trumps-hyperliquid-name-drop-sends-hype-charging-toward-record-highs\/\">charged toward record territory<\/a> after U.S. President Donald Trump revealed regulators are working on a legal pathway that could bring the crypto trading heavyweight into the American market.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Ftrumps-hyperliquid-name-drop-sends-hype-charging-toward-record-highs.png&amp;w=1920&amp;q=75\" alt=\"Trump's Hyperliquid Name-Drop Sends HYPE Charging Toward Record Highs\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p>HYPE was already one of the darlings of the crypto bull cycle, so any narrative boosts like this are just gravy on top. Regulatory uncertainty was essentially the last possible headwind that Hyperliquid had. With that potentially gone, the sky is the limit for HYPE.<\/p>\n<p><b>CFTC Seats Kalshi, Polymarket, Draftkings on Its New Advisory Panel<\/b><\/p>\n<p>The Commodity Futures Trading Commission\u2019s Innovation Advisory Committee <a href=\"https:\/\/news.bitcoin.com\/igaming\/cftc-seats-kalshi-polymarket-draftkings-on-its-new-advisory-panel\/\">holds its first meeting Thursday<\/a>, with prediction markets on the agenda.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F08%2Fcftc-cites-bitcoin-position-in-emergency-order-shielding-kalshi.jpg&amp;w=1920&amp;q=75\" alt=\"CFTC Seats Kalshi, Polymarket, Draftkings on Its New Advisory Panel\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p>Kalshi\u2019s Tarek Mansour and Polymarket\u2019s Shayne Coplan hold two of the 35 seats on the new advisory board. Prediction markets are huge and getting huger, and strong regulation is needed to curb all the insider trading and manipulation.<\/p>\n<p><b>Vaneck: Bitcoin\u2019s Correction May Be Ending as 8 of 12 Signals Fire<\/b><\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/vaneck-bitcoin-capitulation-signals-august-2026\/\">Vaneck says bitcoin\u2019s 11-month correction may be nearing its end<\/a>, with 8 of 12 capitulation signals now firing and long-term holders shedding 356,000 BTC in just 30 days.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2024%2F11%2Fshutterstock_2379607497.jpg&amp;w=1920&amp;q=75\" alt=\"Vaneck: Bitcoin's Correction May Be Ending as 8 of 12 Signals Fire\"\/><\/p>\n<p><b>Editor\u2019s comment:<\/b><\/p>\n<p>This report came out one day before bitcoin\u2019s big impulse up, so this may tick off a few more boxes for VanEck. The firm also increased its allocation to BMNR by 49.3% in Q2 alone.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/featured\/treasury-steps-in-bitcoin-wakes-up-and-more-week-in-review\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin hit nearly $73K after $1.3B in liquidations, strengthening the case that a cycle bottom is forming. Trump\u2019s Aug. 2026 Hyperliquid comments lifted HYPE, easing a key U.S. regulatory overhang. VanEck saw 8 of 12 capitulation signals fire as 356,000 BTC moved, suggesting the 11-month correction [&hellip;]<\/p>\n","protected":false},"author":3947362401,"featured_media":77192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77191"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362401"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77191"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77192"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}