Markets staged a wild comeback this week as Bitcoin and gold surged past key levels, fueled by Treasury’s surprise bond-buying spree and rising uncertainty over the $40 trillion national debt. Investors fled the weakening dollar into “debasement trade” assets, flooding gold and crypto with newfound demand. Meanwhile, Washington signaled crypto-friendly moves — President Trump hosted a crypto summit and regulators hinted at easing rules — sparking a buying frenzy. Short-sellers were forced to cover positions, pushing Bitcoin even higher in a dramatic, multi-day reversal that turned skeptics into believers.
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