How Bitcoin Prices Got An Unintended Boost From The U.S. Government

Bitcoin prices and other cryptos got help from an unlikely source: investors betting on assets that would benefit from a freshly weakened dollar. Last week, U.S. Treasury Secretary Scott Bessent signaled his federal agency would double its long-term government debt purchases, effectively using the power of the Treasury to counter rising inflation and borrowing costs. The proposed moves would amount… Copyright ©2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8