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Sunday, November 8, 2026 · UTC
The Markets

Treasury plans bond buybacks as Bitcoin hits $80,000

US Treasury Secretary Scott Bessent announced measures to calm bond yields while Bitcoin reached a three-month high on Tuesday.

Marcus Vance
Markets Reporter
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As of 2026-08-26 11:25 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Bitcoin surpassed $80,000 on Tuesday, reaching a three-month high as the US dollar weakened following measures by Treasury Secretary Scott Bessent to calm the bond market [2].