Bitcoin (BTC) has traded through two US market interventions in under three weeks.
It moved the opposite way each time
Support for the yen pushed it down. An attack on long yields lifted it 8.8%. Treasury Secretary Scott Bessent went further on Thursday.
He said buybacks could exceed $4 billion per issue and would become routine, while denying that rates drove the decision. Two Interventions, Two Opposite Bitcoin Reactions The pattern is narrower than it looks. Bitcoin does not reward intervention itself.