Over $1 billion of shorts are liquidated as Bitcoin raced from about $64,100 toward $69,000 after expanded long-term debt buybacks pushed Treasury yields lower.

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	Forwarded this email? Subscribe here for more Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields Over $1 billion of shorts are liquidated as Bitcoin raced from about $64,100 toward $69,000 after expanded long-term debt buybacks pushed Treasury yields lower. Aug 20   READ IN APP   Hello, Wednesday. Institutional crypto demand is broadening, but price conviction still looks fragile. Ripple’s new institutional wins sharpen the gap between enterprise adoption and token performance, while Bitcoin’s jump to $69,500 after the US doubled Treasury buybacks puts the focus on whether lower long-term yields can sustain the move. That tension is showing up elsewhere. Bitcoin ETF inflows of $137 million repaired only a fraction of recent outflows, suggesting demand breadth remains thin. Hyperliquid’s off-book handling of $576 million in forced sales points to how market plumbing can contain panic, and Ethereum’s push to hide pending trades from bots highlights the growing value of execution quality for users. The global crypto market cap is $2.32 trillion, with a 24-hour volume of $71.24 billion. The price of Bitcoin is $68,429.27, and BTC market dominance is 59.4%. The price of Ethereum is $2,084.43, and ETH market dominance is 10.9%. The best-performing sector is Smart Contracts, which gained 7%. The Crypto Fear & Greed Index is currently Fear (46). 📰 Top News Bitcoin price hits $69,500 because US just doubled Treasury buybacks to crush long-term yields Over $1 billion of shorts are liquidated as Bitcoin raced from about $64,100 toward $69,000 after expanded long-term debt buybacks pushed Treasury yields lower. Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move Ripple’s institutional expansion is accelerating even as its flagship token trades at its weakest level since 2024. A hidden divide inside the Fed could trigger a hawkish shock for Bitcoin at 2 PM today The minutes become a hawkish shock only if support for tightening extends beyond the three officials who formally dissented. 🗞️ More News Bitcoin ETF flows jumped by $137 million, but it only recouped a third of recent losses Shifting $576M of forced sales off public order books saved Hyperliquid from a systemic crash Yakovenko wants Solana to mint SOL to buy a company, but who would own it? HIVE’s $84.7 million Swedish tax provision eclipsed revenue even as Bitcoin output hit a record Ethereum wants to hide your trades from bots before they can attack Solana’s Alpenglow bug hunt charges researchers 0.5 SOL to report flaws 8 reasons to lock in always-on visibility on CryptoSlate If your company wants meaningful reach in crypto throughout 2026, CryptoSlate is the safe, high-leverage choice. Here is why advertisers choose us: Trust that compounds. 8+ years operating with rigorous editorial standards, 24,000+ articles, and cited by The New York Times, Reuters, Harvard Business Review, and more. Momentum you can measure. Our editorial refocus is working; over the past 90 days, traffic is up 90%. Coverage where buyers live. Beyond news, our site spans asset profiles plus directories of people, products, and companies. Being seen on CryptoSlate builds durable brand authority. 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