Bitcoin's Treasury Shock: $69K Rally, $1.7B Short Squeeze, and the Strategy Silence

Bitcoin surged to $69,000 — its sharpest rally in five months — after the U.S. Treasury announced it would more than double its debt buybacks to tame surging yields. The move crushed long-term yields, reducing the opportunity cost of holding non-yielding assets like BTC. President Trump amplified the momentum, urging Congress to pass the Clarity Act and teasing that the U.S. government may accumulate more Bitcoin. "It's been talked about — it's taken a lot of...