Bitcoin surged 25% from $64,000 to $78,500 after a Treasury tweak. Here’s why

Bitcoin rose from $64,000 to $78,500 after what CoinDesk described as a Treasury tweak, with the report characterizing the move as a 25% surge. The available report does not specify the Treasury action or the timing of the price move beyond linking the two in its headline.

The U.S. Treasury Department oversees key areas of federal financial policy, including debt management, taxation and financial regulation. Changes or clarifications in Treasury policy can draw attention from investors because they may affect market liquidity, risk appetite or the regulatory environment for financial assets.

Bitcoin is the largest cryptocurrency by market value and is widely traded globally. Its price can move sharply in response to macroeconomic developments, regulatory signals and changing expectations among traders, though the precise mechanism behind the reported move was not detailed in the supplied CoinDesk material.