Bitcoin surges to three-month high as momentum builds

Market strategist Phil Rosen analyzes Bitcoin's sudden surge to a three-month high above $81,000. He discusses the digital currency's rapid momentum and points to the Treasury's bond buyback program as a primary catalyst.

ProCap Financial Chief market strategist Phil Rosen discusses Bitcoin's rapid ascent to a three-month high above $81,000 on FOX Business. Rosen analyzes the cryptocurrency's recent momentum, noting that most of its monthly gains occurred during a single three-day stretch. He highlights the Treasury Department's bond buyback program as a more significant market catalyst than Federal Reserve interest rate policy.