MarketPR
government's announcement of substantial Treasury repurchases handed $BTC the catalyst Bitwise Asset Management chief investment officer Matt Hougan says the market had been waiting on for weeks.
Bitcoin moved from roughly $64,000 to $80,000 in ten days on that news, and was trading at $79,518 at the time of this report.
The next confirmable milestone for the setup is the Federal Reserve's rate decision on September 16.
The macro shift behind the move Hougan argues that crypto investors were not short on reasons to buy heading into the move.
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