Crypto just had its biggest rally in months, with Bitcoin surging 23.6% and Ether leading the charge with a 31.3% spike, fueled by Treasury Secretary Scott Bessent’s bond-buyback announcement, falling yields, and massive ETF inflows—$2 billion for Bitcoin and $697 million for Ether—pushing both above their 200-day moving averages and igniting talk of a “golden cross,” while gold climbs and the dollar falls, reigniting the “debasement trade” narrative.
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