Chain Reaction by Capital Copilot
Bitcoin Smashes Through Seventy-Seven Thousand as Four Billion Dollar Short Squeeze and Treasury Buybacks Ignite Historic Rally
Bitcoin rockets to seventy-seven thousand eight hundred two dollars, delivering its strongest weekly performance since March 2023. The rally was triggered by U.S. Treasury doubling bond buybacks to at least four billion dollars per operation, President Trump meeting crypto executives at the White House, and a historic four billion dollar liquidation of short positions. Spot Bitcoin ETFs recorded over one billion dollars in combined inflows over two consecutive days, signaling genuine institutional demand beyond forced liquidations. Ethereum surged twenty-five percent weekly to reach two thousand three hundred ninety-six dollars, while XRP jumped nearly thirty percent to one dollar thirty-eight cents on improved regulatory sentiment and whale accumulation. The CFTC announces plans to create crypto regulations using existing authority if the CLARITY Act stalls in Congress, while Ripple backs a new institutional credit fund on the XRP Ledger. Plus: A Hyperliquid trader loses twenty-six million dollars in twelve seconds on a massive Ethereum short position, and security researchers reveal that attackers drove sixty-three percent of early use of Ethereum's smart wallet feature.
