{"id":77367,"date":"2026-08-27T18:06:46","date_gmt":"2026-08-27T18:06:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bessents-bond-buyback-gamble-could-pour-fuel-on-bitcoins-price\/"},"modified":"2026-08-27T18:06:46","modified_gmt":"2026-08-27T18:06:46","slug":"bessents-bond-buyback-gamble-could-pour-fuel-on-bitcoins-price","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bessents-bond-buyback-gamble-could-pour-fuel-on-bitcoins-price\/","title":{"rendered":"Bessent&#8217;s Bond Buyback Gamble Could Pour Fuel on Bitcoin&#8217;s Price"},"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 reclaimed $80,000 on Aug. 28 after breaking key $79,000 resistance.<\/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\">Volatility wiped out $416 million in crypto liquidations as short positions took an $80 million hit.<\/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\">Ray Dalio notes Scott Bessent\u2019s debt policy could drive capital into alternative safe havens like bitcoin.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Key Resistance Broken<\/h2>\n<p><a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-rockets-past-80k-as-shorts-get-crushed\/\">Bitcoin reclaimed $80,000 on Thursday<\/a>, breaking through a key $79,000 resistance level that had held since shortly after Tuesday\u2019s monthly high. The price rebound came amid reports that the U.S. Department of the Treasury is set to auction $92 billion in three-month bills on Aug. 31.<\/p>\n<p>According to 24-hour chart data, bitcoin rose gradually from under $77,900 to just above $79,000 on Wednesday night before hitting an intraday peak of $80,808. Selling pressure briefly dragged the bitcoin price back below the threshold, where it remained until buyers pushed it upward starting around 4 a.m. EST.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>In the initial wave, bitcoin briefly tapped $80,500 before breaching that level to reach its daily high during a second leg up. As of 12:12 p.m. EST, the cryptocurrency was trading above $80,400, reflecting a 24-hour gain of roughly 3%. Reclaiming $80,000 lifted bitcoin\u2019s market capitalization back to $1.61 trillion.<\/p>\n<p>With three days remaining in August, bitcoin appears poised to close the month up more than 20%, a sharp reversal from July\u2019s nearly flat price action.<\/p>\n<p>The volatility wiped out $105 million in leveraged bitcoin positions over 24 hours. Short positions accounted for the majority of the losses at roughly $80 million. The trend extended across the broader digital asset market, where short liquidations made up nearly 70% ($286 million) of the total $416 million wiped out.<\/p>\n<h2>Treasury Auction Impact<\/h2>\n<p>While unconfirmed, a Treasury auction of this size typically drains short-term market liquidity. Market analysts noted that the net economic impact will depend on issuance volumes and bidder demand. Weak auction demand could elevate short-term yields, placing temporary pressure on equities and digital assets.<\/p>\n<p>Separately, a report published by The Economist titled \u201c<a href=\"https:\/\/www.economist.com\/leaders\/2026\/08\/26\/america-will-regret-scott-bessents-bond-market-misadventures?taid=6a905801da5a71000128a117&amp;utm_campaign=trueanthem&amp;utm_medium=social&amp;utm_source=twitter\" target=\"_blank\" rel=\"noopener noreferrer\">America Will Regret Scott Bessent\u2019s Bond-Market Misadventures<\/a>\u201d warned that recent policy steps by U.S. Treasury Secretary Scott Bessent risk severely undermining the credibility of the American financial system. The piece argued that by<a href=\"https:\/\/news.bitcoin.com\/finance\/were-going-to-increase-the-buyback-treasury-boss-targets-bond-yields\/\"> doubling bond buyback limits<\/a> to artificially suppress long-term yields and tilting new debt issuance heavily toward short-term Treasury bills, the Treasury is merely shortening the duration of government liabilities. This leaves the U.S. highly vulnerable to future interest rate spikes and rollover risks.<\/p>\n<p>In addition, shifting government debt heavily into short-dated bills risks crowding out private-sector financial instruments, while attempting to cap borrowing costs without addressing structural deficits distorts market pricing mechanisms.<\/p>\n<p>The report also argued that abruptly abandoning the traditional principle of \u201cregular and predictable\u201d debt issuance in favor of discretionary yield management threatens long-term investor confidence in U.S. sovereign debt and the broader U.S. financial system.<\/p>\n<p>While the U.S. Treasury has defended its actions, prominent figures such as <a href=\"https:\/\/x.com\/fuelkek\/status\/2092749178934120710\" target=\"_blank\" rel=\"noopener noreferrer\">Ray Dalio have argued<\/a> that these moves effectively lower the inflation-adjusted return on traditional fixed income. As a consequence, capital searching for long-term store-of-value properties may rotate out of sovereign bonds and into <a href=\"https:\/\/news.bitcoin.com\/price-predictions\/bitcoin-price-eyes-100k-as-prediction-markets-wall-street-weigh-in\/\">alternative safe havens like gold and bitcoin<\/a>, which have both trended higher since the Treasury\u2019s announcement.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/finance\/bessents-bond-buyback-gamble-could-pour-fuel-on-bitcoin-price\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin reclaimed $80,000 on Aug. 28 after breaking key $79,000 resistance. Volatility wiped out $416 million in crypto liquidations as short positions took an $80 million hit. Ray Dalio notes Scott Bessent\u2019s debt policy could drive capital into alternative safe havens like bitcoin. Key Resistance Broken [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":77368,"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\/77367"}],"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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77367"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77368"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}