Over $1 billion in Bitcoin shorts wiped out in 4 hours

The U.S. Treasury is now the primary driver of crypto prices, not decentralization. By doubling bond buybacks to $4 billion, the government triggered a massive rally that liquidated $1.6 billion in shorts in just four hours. Most shockingly, as Bitcoin surged, market sentiment actually cooled from "Greed" to "Neutral," suggesting investors are more confused than ever despite the gains. Is crypto just a liquidity sponge for the Treasury now? Do you think this rally is sustainable?
This summary was generated by AI