Bitcoin

Traders have made a significant multi-million dollar bet on Bitcoin's continued price surge, positioning for a rapid jump above $82,000.

Treasury Secretary Scott Bessent's move to double the maximum size of long-term bond buybacks to $4 billion per operation has not succeeded in lowering Treasury yields as intended.

Bitcoin is currently holding steady above $77,000 following a weekend dip, though several altcoins are experiencing a pullback after a significant weekly rally.

The price action is focused on Federal Reserve Chair Kevin Warsh's upcoming debut speech at the Jackson Hole symposium.

Ray Dalio, founder of Bridgewater Associates, has publicly recommended that investors hold 'a bit of Bitcoin' as a hedge against rising U.S.